India's exports grew 33.16 percent to $7.63 billion throughout January 1-7 periodNew Delhi: India's exports grew 33.16 per cent to $7.63 billion during January 1-7 duration owing to healthy efficiency by numerous sectors like engineering, petroleum and gems and jewellery, according to preliminary data launched by the Commerce ministry.Exports stood at $5.73 billion during the very same period last year.In the first week of January 2022, imports increased by around 33 per cent to $11.60 billion as compared to $8.72 billion in the exact same period of 2021.
Imports, omitting petroleum, increased in the period under evaluation by 29.88 per cent over the same duration of 2020-21, according to the ministry's data.The ministry has revealed confidence that the healthy growth rate would assist in attaining the target of $400 billion worth products exports this fiscal.The nation's product exports in December 2021 surged 37 per cent on an annual basis to $37.29 billion, the highest-ever regular monthly figure.