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Exports grow 11% in March; trade deficit narrows to $10.89 billion

India's exports grew by 11% to $32.55 billion in March on account of higher growth in sectors including pharma, chemicals and engineering. Imports rose by 1.44% to $43.44 billion during the month. However, trade deficit narrowed to $10.89 billion as compared to $13.51 billion in the same month last year. For the full fiscal FY19, exports grew by 9% to $331 billion and imports rose by 8.99% to $507.44 billion. The country's trade deficit widened to $176.42 billion for the entire fiscal.

Read More at Moneycontrol News date : 15 Apr 2019, Monday

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