January 16, 2012 1:22 PM

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Exports sectors robust continues growth

Exports and imports are on constant increase indicating good health of Indian economy. Talking to newsmen in New Delhi today Commerce Secretary Rahul Khullar said that exports grew by 6.7 per cent year-on-year to 25 billion US dollars while imports had increased by 19.8 per cent to 37.8 billion US dollars in the month.This has left a trade deficit of 12.8 billion US dollars. During April-December period of this fiscal, merchandise shipment grew by 25.8 per cent to 217.6 billion US dollars. Mr. Khullar expressed hope that it may touch 300 billion US dollars by end of the fiscal.AIR correspondent reports that during the first three quarters of the current fiscal, imports were up by 30.4 per cent to 350.9 billion US dollars. The trade deficit stood at 133.3 billion US dollars during the period.

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