Exports register over 18 percent growth in November
merisarkar news service
New Delhi, January 01, 2010
Good news for Indian economy on the first day of New Year. The country's exports in November 2009 increased to 13.19 billion US dollar from 11.16 billion US dollar a year ago marking a trend reversal of decline.
Imports remained in the negative zone declining by 2.6 per cent to 22.88 billion US dollar, leading to a lower trade gap of 9.69 billion US dollar during the month against 12.32 billion US dollar in November 2008.
While exports have turned positive partly due to low base of last year, experts cautioned against complacency.
