Merchandise exports estimated to grow at 1.85% in Oct-Dec: Exim Bank

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Merchandise exports estimated to grow at 1.85% in Oct-Dec: Exim Bank - Business Standard

Quick Summary:

"Positive growth in India's exports could be as a result of India's continued strong economic activity backed by sustained momentum in manufacturing and services sector, improving demand prospects in trading partners, supported by expected global monetary easing," it said.

The Export Import Bank of India on Tuesday said it expects India's merchandise exports to grow 1.85 per cent to USD 107.5 billion in the October-December period of 2024.

Non-oil and non-gems and jewellery exports are forecast to amount USD 82.7 billion, which will be a growth of 7.8 per cent over the last year, it said.