New Delhi: Exports from India have increased by 26.8 per cent year-on-year (y-o-y) to touch US$ 18.9 billion in November 2010, urging the Government to exude confidence that overall shipments in 2010-11 may touch US$ 215 billion.
For the April-November 2010 period, exports have grown by 26.7 per cent to US$ 140.3 billion, while imports clocked US$ 222 billion, expanding 24 per cent.
“Exports are doing pretty well... At this rate, four months from now, you are looking at anywhere between $210 billion and 215 billion,” according to Mr Rahul Khullar, the Commerce Secretary. Earlier, the government had set an export target of US$ 200 billion for 2010-11, against the shipments of US$ 179 billion in 2009-10.
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