INSUBCONTINENT EXCLUSIVE:
India's exports rose 25.1 per cent to $34.57 in February; trade deficit widened to $20.88 billion.India's exports rose 25.1 per cent to
commerce ministry data on Monday.Healthy foreign demand for Indian goods, including engineering, petroleum and chemicals pushed exports
higher compared to a year ago
April-February 2021-22 was $374.81 billion as against $256.55 billion during the period April-February 2020-21, registering a positive
growth of 46.09 per cent," the commerce ministry said.Imports during the 11-month period rose 59.33 per cent to $550.56 billion
Trade deficit during this period widened to $175.75 billion as against $88.99 billion during April-February 2020-21.According to the data,
gold imports in February dipped by 9.65 per cent to $4.8 billion
Imports of electronic goods rose about 29.53 per cent to $6.27 billion.Exports of engineering goods, petroleum and chemicals in February
increased by 32 per cent, 88.14 per cent and 25.38 per cent to $9.32 billion, $4.64 billion and $2.4 billion, respectively.Pharmaceutical
exports, however, slipped by 1.78 per cent to $1.96 billion in February.
