Exim Bank sees merchandise, non-oil, jewellery exports rising in third quarter

Quick Summary:

The growth in exports is attributed to factors like India’s continued strong economic activity due to sustained momentum in the manufacturing and services sectors.

In Q2, the bank had forecasted India’s merchandise exports to be $111.7 billion, and non-oil exports at $89.8 billion.

The next growth forecast for India’s exports for the 4th quarter of FY 2025 (i.e., January-March 2024) would be released during the first fortnight of February 2024.

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Article Details

Author / Journalist: Neha Dewan

Category: Business

Markets: IndiaAustralia

Topics: Non-oil exports growth India export policies Exim Bank India Export Leading Index India FY 2025 India merchandise exports forecast

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 10:20:52 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Economic Times

News ID: 23580172

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