Indian Exports grew by 56.9% says Commerce Minister

The Minister of commerce Mr Anand Sharma expressed his concern on Increasing exports this year and also on trade deficit .Sharma also said that due to volataility in petroleum prices Trade deficit was pushing up to $15 billion.The Oil Prices have Increased due to several factors including the developments in the middle east.

India's Exports and Imports

Indian exports grew by 56.9% in 2011 when compared to previous year.In 2010 the exports was $25.9%.There is the good momentum in exports .The imports have reached the highest and best in the last four years.There is a good momentum in case of exports this year.

Meanwhile, during the period   of April and May the exports increased by 45.3% to $49.8 billion and imports grew by 33.3% to $73.7...