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    <title>Export Grows 32.5% at US $ 20.6 Billion in January 2011: Commerce Secretary</title>
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    <description>India&#039;s merchandise exports showed strong year-on-year growth in January 2011 and for April-January 2010-11, with official projections that fiscal-year exports will exceed successive thresholds. Reported January import figures are provisional and the period records a trade deficit. Significant sectoral expansion occurred in engineering, petroleum and oil products, electronics, plastics, cotton yarn and gems and jewellery. Negative export growth in rice, iron ore and vegetables is attributed to a ban on exports. Import growth concentrated in POL, precious stones, gold and silver, machinery, and iron and steel.</description>
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    <pubDate>Mon, 14 Feb 2011 07:56:20 +0530</pubDate>
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