HomeNewsBusinessEconomy3-Point Analysis | Exports on the rise after 6 straight months of contraction, will this trend sustain?

3-Point Analysis | Exports on the rise after 6 straight months of contraction, will this trend sustain?

The trade deficit has also gone down from $11.67 billion in September 2019 and $6.77 billion in August 2020.

October 16, 2020 / 13:13 IST
Story continues below Advertisement

After six straight months of contraction, India’s exports have risen 6 percent in September.

Sectors such as ready-made garments, drugs and pharmaceuticals, iron ore, rice, cereals, carpets and engineering goods contributed to the rise in exports.

Story continues below Advertisement

The trade deficit has also gone down from $11.67 billion in September 2019 and $6.77 billion in August 2020.

Will this trend sustain? Let’s find out in this edition of 3-Point Analysis

Moneycontrol News
first published: Oct 16, 2020 01:13 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!