After 12 straight months of growth, real test for exports from September

Experts say 10.3% jump in August exports was on low base effect even as liquidity crunch remains and Rupee may appreciate

Despite exports in August seeing a jump of 10.3% on a year-on-year basis and the country completing 12 straight months of growth, exporters and economists remain sure that coming months would prove to be the real challenge for merchandise exports.

That is largely due to niggling tax refund issues under the goods and services tax (GST) regime, exporters complaining of crippling liquidity and the rupee expected to climb steadily in the coming months.

Low base effect

"It should be kept in mind that till August 2016, exports were declining and therefore year-on-year comparisons would take place on a low base.