India’s exports surged nearly 35 percent year-over-year to $23.9 billion in April, the first month of fiscal 2011-2012, according to provisional trade figures released by the Commerce Ministry.
Ministry officials said the growth was largely led by engineering goods, petroleum products, chemicals and electronics.
Imports during April went up 14 percent to $32.8 billion year-over-year, creating a trade gap of $8.9 billion.