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In a period of high growth, import costs irk exporters in India

Burgeoning demand for Indian goods across major export destinations has led to widespread expectations that merchandise exports will breach the $325-billion level in the current financial year

IGST
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Subhayan Chakraborty New Delhi
A severe lack of liquidity, volatility in the rupee and a serious credit crunch remain among the major complaints of exporters even as the country is expected to rake up its highest ever export figures in 2018-19.
 
A low-base effect, with minimal growth last year, is behind exports rising by 11.5 per cent in the April-November period of the current financial year, they say. As compared to this, export growth was 12 per cent in the similar period of 2017-18, on an even lower base.
 
Burgeoning demand for Indian goods across major export destinations has led to widespread expectations