Wednesday, July 21, 2010
EXPORT GROWS 30.4% IN JUNE 2010: COMMERCE SECRETARY
ndia’s exports registered a growth of 30.4% in June, 2010, at US $ 17.75 billion as compared to $ 13.5 billion during June 2009. Announcing this at a press interaction here last evening, Shri Rahul Khullar, Commerce Secretary, stated that the first quarter (April-June 2010-11) exports reached a level of US $ 50.8 billion at a growth of 32.2% while the imports were $ 83 billion with a growth of 34% and a trade deficit of $ 32.2 billion.
The sectors which registered healthy growth in June include engineering (90%), petroleum & oil products (66%), gems & jewellery (24%) and chemicals (41%).
During the interaction, Shri Khullar informed that India’s imports in June were $ 28।3 billion, up by 23% while oil imports recorded a 25% growth in June.
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