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'Share of exports to top destinations rose to 51.6% in FY17'

Press Trust of India  |  New Delhi 

Share of India's to top 10 destinations worldwide has increased to 51.6 per cent in 2016-17, compared to 49 per cent in 2013-14, industry body today said.

India's main export destinations include the US, Japan, Hong Kong, UAE, China, Singapore, and Germany.

The country's merchandise to the US grew from USD 39.14 billion in 2013-14 to USD 42.33 billion in 2016-17, President Gopal Jiwarajka said in a statement.

Nearly 53 per cent of to America are in the form of consumer goods, followed by intermediates, capital goods and raw materials.

Similarly, India's to grew 11.2 per cent to USD 14.2 billion in 2016-17.

"Going ahead, we are hopeful that our will touch USD 325 billion mark in the current financial year," Jiwarajka added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 19:57 IST