https://www.taxtmi.com/news?id=2807 India's merchandise exports for April 2011-February 2012 rose 21.4% to US$267.4 billion while imports grew 29.4% to US$434.2 billion, producing a balance of trade deficit of about US$166.8 billion. February 2012 monthly data continued the pattern of export growth with larger import increases. Export gains were driven by engineering, petroleum and oil products, gems and jewellery, pharmaceuticals, leather, textiles, electronics and garments; import growth was led by petroleum and oil, gold and silver, machinery, electronics and coal. The Commerce Secretary stated these are provisional estimates subject to revision. en-us Fri, 09 Mar 2012 16:47:32 +0530 Fri, 09 Mar 2012 16:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2807 India's merchandise exports for April 2011-February 2012 rose 21.4% to US$267.4 billion while imports grew 29.4% to US$434.2 billion, producing a balance of trade deficit of about US$166.8 billion. February 2012 monthly data continued the pattern of export growth with larger import increases. Export gains were driven by engineering, petroleum and oil products, gems and jewellery, pharmaceuticals, leather, textiles, electronics and garments; import growth was led by petroleum and oil, gold and silver, machinery, electronics and coal. The Commerce Secretary stated these are provisional estimates subject to revision. News - Fri, 09 Mar 2012 16:47:32 +0530 https://www.taxtmi.com/news?id=2807