- India’s exports grew 5.37% $27.24 billion in January 2021 from a year earlier, mainly driven by the pharmaceutical and engineering sectors, according to provisional data from the Commerce Ministry.
- The trade deficit narrowed to $14.75 billion from $15.3 billion in January 2020. It was $15.44 billion in December 2020.
- Imports rose 2% to $42 billion.
- Pharma and engineering exports grew 16.4% ($293 million), and about 19% ($1.16 billion), respectively, data showed.
- Sectors that saw healthy growth include oil meals (253%), iron ore (108.7%) and tobacco (26.2%).
https://www.thehindu.com/todays-paper/tp-business/exports-rise-537-trade-gap-narrows/article33735456.ece
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