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India's May exports rise by 8%

IANS  |  New Delhi 

India's rose by 8.32 per cent during May 2017, official data showed on Thursday.

grew by 8.32 per cent to $24.01 billion from $22.17 billion worth of merchandise shipped out during May 2016, according to the data released by the Ministry of Commerce and Industry.

"have been exhibiting positive growth for the last eight months. In continuation with growth indicated by since September 2016, during May 2017 have shown growth of 8.32 per cent in dollar terms," the ministry said in a statement.

"Non-petroleum and non-gems and jewellery in May 2017 were valued at $17,514.36 million against $16,404.31 million in May 2016, an increase of 6.77 per cent."

However, the country's imports during the month under review also increased by 33.09 per cent to $37.85 billion. India's oil imports during last month increased by 29.54 per cent to $7.69 billion.

--IANS

rv/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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India's May exports rise by 8%

India's exports rose by 8.32 per cent during May 2017, official data showed on Thursday.

India's rose by 8.32 per cent during May 2017, official data showed on Thursday.

grew by 8.32 per cent to $24.01 billion from $22.17 billion worth of merchandise shipped out during May 2016, according to the data released by the Ministry of Commerce and Industry.

"have been exhibiting positive growth for the last eight months. In continuation with growth indicated by since September 2016, during May 2017 have shown growth of 8.32 per cent in dollar terms," the ministry said in a statement.

"Non-petroleum and non-gems and jewellery in May 2017 were valued at $17,514.36 million against $16,404.31 million in May 2016, an increase of 6.77 per cent."

However, the country's imports during the month under review also increased by 33.09 per cent to $37.85 billion. India's oil imports during last month increased by 29.54 per cent to $7.69 billion.

--IANS

rv/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

India's May exports rise by 8%

India's rose by 8.32 per cent during May 2017, official data showed on Thursday.

grew by 8.32 per cent to $24.01 billion from $22.17 billion worth of merchandise shipped out during May 2016, according to the data released by the Ministry of Commerce and Industry.

"have been exhibiting positive growth for the last eight months. In continuation with growth indicated by since September 2016, during May 2017 have shown growth of 8.32 per cent in dollar terms," the ministry said in a statement.

"Non-petroleum and non-gems and jewellery in May 2017 were valued at $17,514.36 million against $16,404.31 million in May 2016, an increase of 6.77 per cent."

However, the country's imports during the month under review also increased by 33.09 per cent to $37.85 billion. India's oil imports during last month increased by 29.54 per cent to $7.69 billion.

--IANS

rv/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22