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Indian Exports Up By 1.6% - Business - Nairaland

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Indian Exports Up By 1.6% by anujimpex: 8:47am On May 17, 2013
Exports from India grew for the fourth consecutive month recording a growth of 1.6 per cent in April but surge in gold imports pushed up the trade deficit to USD 17.7 billion.

Gold and silver imports during the month under review has increased by 138 per cent to USD 7.5 billion from USD 3.1 billion in April 2012.

Exports in April stood at USD 24.16 billion as against USD 23.7 billion in April, 2012.

Many Indian Export Companies has seen this growth as a positive signal for their growth and are very enthusiastic for the next year's exports from India.

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