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This is an archive article published on October 16, 2004

Exports rise 24.39 per cent

On the back of nearly 8 per cent industrial growth, India’s exports recorded an impressive 24.39 per cent growth in the first half of t...

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On the back of nearly 8 per cent industrial growth, India’s exports recorded an impressive 24.39 per cent growth in the first half of the current fiscal far exceeding the annual growth target of 18 per cent.

The country’s exports touched $33.75 billion during April-September, 2004-05 as against $27.13 billion in the corresponding period in 2003-04. This is in contrast to a mere 5.7 per cent growth witnessed in the first half of 2003-04. However, export growth in September, 2004 was only 17.39 per cent at $6.198 billion, less than the monthly growth of over 20 per cent in the past months.

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