Jawaharlal Nehru Port, Mumbai
India’s exports reached an all-time high in fiscal 2010-11 ending March 31, surging about 37.5 percent year-over-year, the Commerce Ministry said Tuesday.
Total exports for the full fiscal year were estimated at $245.9 billion, up from $176.6 billion in 2009-10.
“For the first time, the figures have reached the $200-billion mark, which was a target set for last fiscal year, and exports have indeed exceeded our expectations,” Commerce Minister Anand Sharma said, releasing the latest provisional trade data.