The directorate general of foreign trade provided the quick estimates for the imports of India, which are falling at a faster pace than the exports. The quick estimates for March 2009 as per the directorate general of foreign trade (DGFT), show a fall of 32% to $16.05 billion compared to imports valued $23.57 billion in March 2008. However, the imports fell 16% in January 2009 and 23% the preceding month.
However, as import figure for the fiscal will be $288 billion, a growth of 14.5% over the last year’s $251 billion. However, the exports recorded an even lower growth of 4% at $169 billion.
However, the government will officially announce the revised trade figures for March 2009 either at the end of the month or early next month.
However, as import figure for the fiscal will be $288 billion, a growth of 14.5% over the last year’s $251 billion. However, the exports recorded an even lower growth of 4% at $169 billion.
However, the government will officially announce the revised trade figures for March 2009 either at the end of the month or early next month.
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