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India’s exports rise 13 percent in August

Government data shows India’s exports jumped by 13 percent to $26.14 billion in August, while imports declined marginally, helping to contain trade deficit at $10.9 billion.

India’s exports jumped by 13 percent to $26.14 billion in August, while imports declined marginally, helping to contain trade deficit at $10.9 billion, government data showed on Tuesday.

Exports had increased by 11.64 percent to $25.83 billion in July. 

Addressing a media briefing, Commerce and Industry Minister Anand Sharma said the trade deficit has declined largely due to lower imports of gold. 

Trade deficit was recorded at $12.27 billion in July. 

-IANS

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