New Delhi, July 19: India’s exports grew by a healthy 30.4 per cent in June to USD 17.75 billion, Commerce Secretary Rahul Khullar said here today.
In June 2009, exports had shrunk by 27.7 per cent to USD 12.81 billion under the impact of global slowdown.
Imports increased by 23 per cent to USD 28.3 billion in June this year and the trade deficit for the month was USD 10.55 billion.
“It is good news but still not great news,” Khullar told reporters, adding that the exports have still not reached the level of the pre-global economic crisis period.
In June 2008, the country’s exports were USD 19.2 billion.
In the first quarter ended June this fiscal, exports stood at USD 50.8 billion showing a growth of 32.2 per cent over the year ago period.
–Agencies