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Exports hit record high of $35 bn in July; up 34% over pre-Covid level

Exports during April-July 2021 were $130.56 billion, up by 73.86% over the same period a year ago and up by 21.85% over the same period of 2019

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Shreya Nandi New Delhi
Merchandise exports from India hit a record high of $35.17 billion in July, amid rise in external demand due to recovery in key global markets, revealed the preliminary data released by the commerce and industry ministry on Monday.
 
Earlier this year, the government had said that for the first time ever in a month, Indian exports crossed $34 billion in March 2021.
 
A growth of 48 per cent on-year, can also be partly attributed to a favourable base, with economies opening up after the imposition of lockdown measures to curb the spread of Covid-19. The growth was led