Wednesday, November 29, 2006

News: Indian exports to grow at over 20%

(RTR 29/11/2006) Mumbai - India's Commerce Secretary, Gopal K. Pillai, said on Wednesday he expected Indian exports to grow at little more than 20 per cent in the financial year to March 2007.

Exports in October rose 11.3 per cent from a year earlier to $9.62 billion, while imports rose an annual 36.8 per cent to $15.83 billion. The government's full-year export target is $126 billion, a rise of 22.3 per cent over the previous year.

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