After contracting for six straight months, the country’s exports rose 5.99% to $27.58 billion in September on account of growth in shipments of drugs and pharmaceuticals and readymade garments, PTI reports quoting the latest government data. Exports stood at $26.02 billion in September 2019. The country’s imports contracted 19.6% to $30.31 billion in September. It
Exports growth in the current fiscal is likely to be in double digits despite the challenging situation, both on the external and internal fronts, Commerce Secretary Anup Wadhawan has said. In the last financial year, growth in exports was between 9% and 10%, and the volume touched $331 billion, which was a ‘record’, PTI reports.