New Delhi: India’s exports grew by 11 pc to $ 32.55 bn in March on account of higher growth in sectors including pharma, chemicals and engineering, government data showed. Imports rose by 1.44 pc to $43.44 bn during the month. However, trade deficit narrows to $10.89 bn as compared to $13.51 bn in the same month last year.
In the same month gold imports rose by 31.22 pc to $ 3.27 bn and oil imports rose by 5.55 pc to $11.75 bn. For the full fiscal (2018-19), exports grew by 9 pc to $ 331 bn and imports rose by 8.99 pc to $ 507.44 bn. In result, the country’s trade deficit widened to $ 176.42 bn for the entire fiscal.
