India's Exports jump by 57% to $25.9 bn in May

[Indian Tiger]

India's exports grew by an impressive 56.9 per cent to USD 25.9 billion year-on-year in May on account of increasing demand from the Western markets.

Imports, too, went up by 54.1 per cent to USD 40.9 billion, leaving a trade deficit of USD 15 billion. "This is the highest imports figure in the last four years," Commerce Secretary Rahul Khullar said.

During April-May, exports increased by 45.3 per cent to USD 49.8 billion. "Good run of exports are continue," Khullar added.

Imports during the first two months of the current fiscal grew by 33.3 per cent to USD 73.7 billion. The trade deficit during the period stood at USD 23.9 billion.

Exports jump by 57% to $25.9 bn in May - Indian Express

 

[Nelson]

Good going India..

 

[tvsram1992]

India not China may be a real rising star.

 

[shaktiman2010]

India not China may be a real rising star.

China is far ahead both in technology, R&D and economy. One should not be blind to reality, for the sake of silly pride.

We know what kind of coolie jobs Indian IT industry is doing, while China is busy making their own OS, protocols, application frameworks.

 

[blood]

indian export's have seen a rapid growth in the past few month's , due to global economic recovery from recession , good going india

 

[footmarks]

China is far ahead both in technology, R&D and economy. One should not be blind to reality, for the sake of silly pride.

We know what kind of coolie jobs Indian IT industry is doing, while China is busy making their own OS, protocols, application frameworks.

Grass always look greener on the other side of bank. First feel proud over what you do, rather than whining over what others are doing.

 

[crankthatskunk]

Good going India..

Are you congratulating on increase in the Import or on the increase on trade deficit?

 

[Splurgenxs]

Are you congratulating on increase in the Import or on the increase on trade deficit?

^^And do u kno that makes no sense?
Exporting is always good for an economy ...the deficit is the liability of the consumer country. But the Supplier should help reduce that deficit so as to see cyclic growth and hence long term mutual trade.

 

[ramu]

Are you congratulating on increase in the Import or on the increase on trade deficit?

What counts is the trade deficit and as long as the trade deficit as a percentage of GDP keeps dropping, we are on the right track. But why am I expecting you to understand ... You don't understand PPP and absolute GDP and have no understanding of the fiscal situation or the per capita distribution but rant on and on.

 

[jdme]

As long as trade deficit is under 5% (GDP), it's not a problem. We are running close to 10% and this is a major drain on our limited forex.

 

[jdme]

China is far ahead both in technology, R&D and economy. One should not be blind to reality, for the sake of silly pride.

We know what kind of coolie jobs Indian IT industry is doing, while China is busy making their own OS, protocols, application frameworks.

Indian "IT industry" export is not added here. it's always measured separately.

---------- Post added at 11:44 PM ---------- Previous post was at 11:43 PM ----------

India not China may be a real rising star.

hmmm......You first walk and then talk. We do just the opposite.

 

[Nelson]

Are you congratulating on increase in the Import or on the increase on trade deficit?

I'm doing it for the increase in the export, at least I have something to congratulate to my country!

 

[jeypore]

India's exports grew by an impressive 56.9 per cent to USD 25.9 billion year-on-year in May on account of increasing demand from the Western markets.

Exports jump by 57% to $25.9 bn in May - Indian Express

I have a very small part to play in that role.....

 

[OrionHunter]

China is busy making their own OS, protocols, application frameworks.

Huh? OS? In Chinese? What OS? Haven't heard of it!