Economy News : Indian-commodity.com

Friday, November 2, 2007

Sept Exports Increase 4.31pc In Re Terms; Imports Down

New Delhi: Even as export growth in rupee terms in September 2007 was 4.31 per cent higher than the comparable period of 2006, import growth in September 2007 plunged by 10.51 per cent, reflecting the slackening appetite of industry for import of capital goods and consumables for export production. In rupee terms, exports touched Rs 51,621.52 crore, 4.31 per cent higher than the value of exports during September 2006. Cumulative value of exports during the first half of the current fiscal was $72,280.60 million (Rs 2,95,233.05 crore) against $60,985.84 million (Rs 2,80,275.27 crore), registering a growth of 18.52 per cent in dollar terms and 5.34 per cent in rupee terms. In rupee terms, imports fell by 10.56 per cent.
Indian-commodity at 11:40 AM

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