<h1>India's January 2012 Exports Up 10.1%, Imports Surge 20.3%, Trade Deficit Hits $14.7 Billion; Key Sectors Highlighted.</h1> India's exports in January 2012 grew by 10.1% to $25.4 billion, while imports increased by 20.3% to $40.1 billion, resulting in a trade deficit of $14.7 billion. From April 2011 to January 2012, exports rose by 23.5% to $242.8 billion, and imports grew by 29.4% to $391.5 billion, leading to a trade deficit of $148.7 billion. Significant export growth was seen in sectors like engineering, petroleum products, and gems. Import growth was notable in petroleum, gold and silver, and machinery. The Commerce Secretary noted these figures are preliminary estimates.