• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India Sees 4.8 Pc Overall Exports Growth In First Half Of FY25

OMMCOM NEWS by OMMCOM NEWS
October 16, 2024
in Business

New Delhi: India saw cumulative overall exports at $393.22 billion in the April-September period, a growth of 4.86 per cent as compared to $375 billion in the same period last year, the government said on Wednesday.

The cumulative value of merchandise exports was $213.22 billion in the first six months of the current fiscal, as compared to $211.08 billion during April-September 2023, registering a positive growth of 1.02 per cent. Services exports are estimated to grow by 9.81 per cent during April-September 2024.

For the month of September, India’s total exports (merchandise and services) were estimated at $65.19 billion, registering a positive growth of 3.76 per cent (YoY), according to the Ministry of Commerce and Industry.

Major drivers of merchandise export growth in September included engineering goods, organic and inorganic chemicals, plastic and linoleum, drugs and pharmaceuticals and ready-made garments (RMG) of all textiles.

Sector-wise, engineering goods exports increased by 10.55 per cent from $8.89 billion to $9.82 billion in September. Organic and inorganic chemicals exports increased by 11.21 per cent from $2.12 billion to $2.36 billion. While plastic and linoleum exports increased by 28.32 per cent from $0.62 billion in September 2023 to $0.79 billion last month, drugs and pharmaceuticals exports increased by 7.22 per cent from $2.39 billion to $2.57 billion. RMG of all textiles exports increased by 17.30 per cent from $0.95 billion in September 2023 to $1.11 billion in September 2024.

Total imports (merchandise and services combined) for September are estimated at $71.68 billion, registering a positive YoY growth of 3.79 per cent.

The top five export destinations exhibiting positive growth were the Netherlands (38.6 per cent), the UAE (23.75 per cent), the US (4.98 per cent), Brazil (41.98 per cent), and Japan (36.35 per cent).

Federation of Indian Export Organisations (FIEO) President Ashwani Kumar said that an increase in merchandise exports, amid rising geopolitical tension coupled with economic uncertainties and logistical challenges, is a good sign of revival. “The good growth in exports of engineering, chemicals, plastics, pharma, readymade garments and electronics etc is an encouraging sign for job growth in the country,” he added.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Puri Town To Be Under Complete CCTV Watch Soon

Next Post

Liberal MPs Call For Trudeau’s Resignation Even As Canadian PM Focuses On Smearing India For Political Gains

Related Posts

Business

India’s $25 Billion Pharma And Electronics Exports Remain Secure Despite New US Tariffs

July 31, 2025
Business

US Too Imposes Hefty Tariffs Across Product Lines To Safeguard Domestic Industry: Data

July 31, 2025
Business

India Can Still Negotiate A Trade Deal With US: Economists

July 31, 2025
sensex
Business

Sensex, Nifty Open Lower Amid Concerns Over US Tariffs From Aug 1

July 31, 2025
Business

Trump Tariffs: India Says Will Take All Steps Necessary To Secure ‘National Interest’

July 30, 2025
US Tariff
Business

Trump’s Tariffs Could Open New Growth Opportunities For India: Industry Leaders

July 30, 2025
Next Post

Liberal MPs Call For Trudeau's Resignation Even As Canadian PM Focuses On Smearing India For Political Gains

Youth Got Opportunities Due To PM Modi’s Initiatives: VP Dhankhar

SJTA Introduces New Entry, Exit Rules At Srimandir To Control Crowd During Karttik

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.