Saturday, February 12, 2011

Exports in Jan up by 32.5 pc; to touch USD 220 bn in 2010-11

NEW DELHI: India's merchandise exports rose by 32.5 per cent to USD 20.6 billion in January on an annual basis, driven by pick up in demand from markets such as the US and Latin America, raising expectations that shipments would touch USD 220 billion by this fiscal-end. During April-December period of 2010-11, the outbound shipments grew by 29.4 per cent to USD 184.6 billion over the year-ago period. "It is a huge jump. Export performance is pretty damn good. My guess is that by next

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