India’s exports crossed $ 300 billion for the first time in the first 9 months of the financial year, a new record was set in December

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In the first 9 months (April-December) of the financial year 2021-22, the country’s exports crossed $ 300 billion. This is the first time this has happened. Apart from this, the country’s exports increased by 37 percent to $ 37.29 billion in December 2021, which is the highest figure in any single month.

Official data also shows that in the third quarter (October-December), exports generated foreign exchange earnings of $103 billion, the highest in any third quarter.

Piyush Goyal said that the Prime Minister wanted India to experience not only incremental growth but also quantum growth. Quantum growth means huge boom. Piyush Goyal said that India has seen growth in the sector almost on the same lines. The country’s exports have increased in every month of the current financial year.

If we look at the data on a sector-wise basis, exports of engineering goods grew by 37 per cent, in gems and jewellery, by 16 per cent, in readymade garments by 22 per cent and in electronics by 33 per cent.


Usama Younus

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