The merchandise exports grew 47 per cent YoY to $32.46 billion in June, driven by a robust demand of engineering goods, petroleum products, and gems and jewellery in the external markets.
"Exports during the April-June period are the highest ever merchandise exports in a quarter in history of India," Commerce and Industry Minister Piysuh Goyal said
Continuing a positive growth, India's exports grew by 80 per cent to USD 7.04 billion during the first week of this month, according to preliminary data of the commerce ministry.
Most of the damage was done in the first six months of the last fiscal when lockdowns and supply chain disruption hurt exports.
Covid-19 continues to pose the greatest threat to trade outlook, as new waves of infection could easily undermine any hoped-for recovery, said the WTO
SII partner AstraZeneca has already issued it a legal notice over delays to other shipments, even as many Indian states have complained of a shortage facing priority recipients.
In November last year, the US department of commerce published its initiation of the countervailing duty investigation of utility scale wind towers from India.
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India on Friday declined to comment on Pakistan's flip-flop on plans to go for limited imports of sugar and cotton from the country.
The trade deficit during the month widened to $14.12 bn as against $9.98 bn in March 2020
FTP provide guidelines for enhancing exports to push economic growth and create jobs
COVAX has a deal to buy 1.1 billion doses of the AstraZeneca and Novavax shots that the SII is making in bulk, mainly for low- and middle-income countries.
The country's exports are steadily recovering and it is expected to record a healthy growth rate in March, a top government official said on Wednesday.
The trade views these measures with suspicion and alerts the government to possible unintended consequences of the proposed amendments
This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown
China imported goods worth $15.3 from India and exported goods worth $45.4 billion to India
India's exports to China has increased by 16.15 per cent to $20.87 billion in 2020 from $17.9 billion in the previous year
Agreement is limited in scope, covers 310 export items from India and 615 imported products from Mauritius
Imports also grow for second month, signifying domestic demand recovery
Exports during April-January this fiscal dipped by 13.58 per cent to $228.25 billion