India sees major growth in July export market
NEW DELHI -- India exported goods worth US$35.43 billion in July, the highest total for a single month, due to recovery in key global markets and robust demand, according to data released by the Commerce and Industry Ministry.
Outbound shipments grew by nearly 50% over July 2020, partly attributable to a low base. Compared to a pre-COVID level, export growth was 35%% from July 2019.
Both merchandise exports and imports plummeted in the first few months of 2020-21, with the imposition of lockdown measures to curb COVID-19. (ATI).