India’s exports rose 45.76 per cent to $33.28 billion in August due to healthy growth in sectors like engineering, petroleum products, gems and jewellery and chemicals. Exports during April-August 2021 advanced by 67.33 per cent to $164.1 billion, the data told. Exports of engineering, petroleum products, gems and jewellery and chemicals expanded by nearly 59 per cent to $9.64 billion, 144.6 per cent to $4.65 billion, 88.3 per cent to $3.43 billion, and 36 per cent to $2.23 billion, respectively.
- Urban Company Shares Jump 5% on Rs 428 Cr Block Deal
- Hexaware Shares Rise on Expanded AI Deal With upGrad
- Nandan Denim Shares Rise on Q1 Results Despite Weak Revenue
- Mach Travel Solutions Stock Jumps 11% on Q1 Results
- Key Factors Behind Todayβs Market Decline
Former President of the Federation of Indian Export Organisations (FIEO) S K Saraf said export growth remains healthy, and India will be achieving the $400 billion exports target by the end of this fiscal. FIEO President A Sakthivel said that the flow of empty containers and building a regulatory authority to attempt justification of freight hike and demand of various charges by shipping lines need urgent attention of the administration.
Live