NEW DELHI: Arresting the two-month fall, exports grew by 4.62% to $22.9 billion in September on the back of healthy growth in sectors such as engineering and gems and jewellery. The outward shipments stood at $21.8 billion in September 2015. However, imports contracted by 2.54% to $31.22 billion, leaving a trade deficit of $8.33 billion in the month under review.
The trade gap in the month under review was lower than $10.16 billion in September 2015, according to the data released by the commerce ministry. The export sectors, which recorded positive growth include engineering (6.51%), gems and jewellery (22.42%), handicrafts (23%), textiles (12.62%) and chemicals (6%).
