16.4 C
Cairo
February 5, 2023
Business

Indian exports surged to $569 billion from April to December 2022

From April to December 2022, India’s overall exports combining merchandise and services are expected to grow by 16.11 percent compared to the same period last year. Overall, the country’s exports during the period were estimated to be $568.57 billion US dollars, compared to $489.69 billion last year. As a result of the effective leadership and forward-looking policies of Prime Minister Narendra Modi, the Indian economy was able to grow by double digits.

Indian exports surged to $569 billion from April to December 2022
PM Modi’s strategic policies and leadership led to double-digit growth.

According to the Indian Ministry of Commerce and Industry, since India’s domestic demand has remained stable despite the global slump, overall imports from April to December 2022 are expected to increase by 25.55 percent compared to the same period last year. It is estimated to be $686.70 billion, compared with $546.95 billion in 2021.

Related posts

Nigeria asset sale hits regulatory snag for Exxon Mobil

Editor

Tesla stock plummets, leaving Wall Street analysts in the dust

Editor

UAE to participate in Gujarat investor summit as Partner Country

Admin

ADNOC has signed a $1.17 billion contract for jack-up barges

Editor

President of Egypt inaugurates housing, road projects in Greater Cairo

Editor

Indian FM presents $550 billion progressive and inclusive Union Budget

Admin