India's export of goods rose an unprecedented 82% to USD 29.3 billion this July. However, neither the exporters nor the government is celebrating, reports CNBC-TV18. The gloom comes in the light of an expected slide in outflow in the coming months, on the back of global uncertainty and cost pressures in the domestic market.
The export spike in July came from demand in the western world for Indian engineering goods, petroleum products and readymade garments, reports Rituparna Bhuyan.
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