Exports Jump 46.4% To $29.2 Bn In June

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>India's exports registered a robust growth of 46.4 per cent year-on-year in June to $29.2 billion on account of increasing demand in Western markets.<br><br>Imports, too, grew at a high rate of 42.4 per cent to $36.9 billion, leaving a trade deficit of $7.7 billion for the month.<br><br>"$29.2 billion figure is a very, very high number for exports. Virtually all sectors grew well," Commerce Secretary Rahul Khullar told reporters here.<br><br>During April-June, 2011-12, exports grew by 45.7 per cent to $79 billion and imports shot up by 36.2 per cent to $110.6 billion, Khullar said.<br><br>During the first quarter of the current fiscal, the trade deficit stood at $31.6 billion.<br><br>The exporting sectors that registered strong growth during the quarter include engineering, petroleum products, gems and jewellery, readymade garments and electronics.<br><br>(PTI)</p>