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of <h1>Trade Deficit Widens to $21.54 Billion as March Exports Grow 0.7% to $41.97 Billion, Imports Surge 11.3%</h1> India's exports increased slightly by 0.7% to USD 41.97 billion in March, while imports rose by 11.3% to USD 63.51 billion, resulting in a trade deficit of USD 21.54 billion. For the 2024-25 fiscal year, exports grew marginally by 0.08% to USD 437.42 billion, while imports increased by 6.62% to USD 720.24 billion. The country's overall exports of goods and services showed a more substantial growth of 5.5%, reaching USD 820.93 billion.
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