India’s June exports rise 5.4% y/y; government expects $800 bln in FY25

Economy
India’s goods and services exports likely rose 5.4% year-on-year to $65.47 billion in June, driven by a pick-up in orders that could push total exports to $800 billion in the current fiscal year ending in March 2025, the trade secretary said on Monday.
Merchandise imports (INIMP=ECI), opens new tab in Asia’s third-largest economy rose 5% to $56.18 billion in the same month, reflecting a pick-up in domestic demand for industrial machinery and gold imports.
Source: REUTER

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