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Export Grows by 10.1% January 2012 & April 2011 - January 2012 grows by 23.5%: Commerce Secretary

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..... Export Grows by 10.1% January 2012 & April 2011 - January 2012 grows by 23.5%: Commerce Secretary - News and Press Release Dated:- 9-2-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 09-February-2012 15:42 IST India s exports for the month of January 2012 have registered a growth of 10.1%, at US$ 25.4 billion. Imports for the January 201 .....

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..... 2 were US $ 40.1 billion with a growth of 20.3%. Balance of Trade stood at US $ (-) 14.7 billion during January 2012. Interacting with the media persons here today, Shri Rahul Khullar, Commerce Secretary, informed that during the period April 2011 January 2012 the export stood at 242.8 billion US $ with a growth of 23.5%, Imports for the April 2011- January 2012 stood at 391.5 billion US $ with th .....

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..... e growth of 29.4%. and April 2011 to January 2012 stood at ( ) 148.7 billion US $. During April 2011-January 2012, the following sectors have done well viz., engineering, (US $ 49.7 billion) which registered the growth of 21%; petroleum oil products (48.9 US $ billion), 50.1%; Gems Jewellery registered the growth of 33% (US $ 37 billion); Drugs and pharmaceuticals 21.1% (US $ 10.20 billion .....

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..... US $);leather 23.4% (US $ 3.8 billion) Cotton yarn and fabric made-up 14.7% (US $ 5.59 billion) ; electronics,(7.3 billion US$) 13.4% ; Readymade garments, 21.5% ( US $ 10.9 billion), other basic chemicals grows by 29.6 % with the (US $ 8.8 billion US $). As regards to imports during April 2011-January 2012, the growth estimates on the following sectors are: POL, 38.8% (US $ 117.9 billion); Gold .....

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..... and silver 46.6% (US 50 billion); machinery, 25.8% (US $ 28.8 billion), electronics, 22.9% (US $ 27.8 billion), Organic inorganic chemicals 23.6% (US $ 15.8 billion ) and coal 69% (US $ 14.1 billion US $). The Commerce Secretary clarified that the figures are only the rough estimates and the final figure is subject to change. ******** DS/gk - News - Press release - PIB Tax Managemen .....

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..... t India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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