India’s commerce deficit in items widened to $13.93 billion in March from $9.98 billion throughout the identical interval a 12 months earlier, revised commerce information launched by the federal government on Thursday confirmed.
Merchandise exports rose 60.29% in March from a 12 months earlier to $34.45 billion, whereas imports had been up 53.74% to $48.38 billion, the information confirmed.
For the entire fiscal 12 months ended on March 31, the products exports had been down 7.26% to $290.63 billion whereas imports fell 18.02% to $398.18 billion from a 12 months earlier, the information confirmed.
Supply: Reuters (Reporting by Manoj Kumar and Neha Arora)
