Exports
HSBC Report Highlights Strong Expansion in India's Manufacturing and Services Sectors in April
The PMI in April posted a healthy 60, higher than the March reading in spite of lingering trade-related risks. A reading of 50 marks the level between expansion and contraction.
India’s Exports to US and Imports from China Hit Record High in 2024-25
Provisional foreign trade data of the Commerce Ministry show that Indian imports from China also reached an all-time high of $113.45 billion during the previous year. Indian exports to America also made a huge jump with exports crossing over $10 billion in March itself, an increase of 35% over the corresponding month the previous year. Overall exports did not change much.
India's Goods and Services Exports Rise 2.65% to $73.6 Billion in March
Total imports during the month are placed at $77.23 billion, up 4.90%.
Exports Rise 0.7% to $41.97 Billion in March, Total Shipments Exceed $820 Billion
Yet, the month's trade deficit widened to USD 21.54 billion from USD 15.33 billion in March 2023 and USD 14.05 billion in February 2024.
India Defies Global Headwinds to Achieve Record Export Growth
This amount represents an estimated 6% increase from the last fiscal year, as per data presented by the commerce ministry on Wednesday.
India's Electronics Exports on Track to Exceed ₹3 Lakh Crore This Fiscal
Latest statistics for the sector have shown electronics exports at ₹2.87 lakh crore over 11 months through February from April, posting a stunning 35% expansion compared to ₹2.11 lakh crore between April and February last year in FY24.
PLI Scheme for Telecom Products Secures Rs 4,081 Crore Investment, Generates Rs 78,672 Crore in Sales
The scheme also provided employment to 26,351 people, according to Dr. Pemmasani Chandra Sekhar, Minister of State for Communications and Rural Development, in a written statement to the Rajya Sabha.
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