ECONOMY

Merchandise Exports – Sustaining Momentum Is Key: SBI Research

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

India’s merchandise exports in August 2021 were $33.14 billion, an increase of 45.17% over $22.83 billion in August 2020 and an increase of 27.5% over $25.99 billion in August 2019.

In April-August 2021 the exports were $163.67 billion, an increase of 66.92% over $98.05 billion in April-August 2020 and an increase of 22.93% over $133.14 billion in April-August 2019.

India has set a target of $400 billion in merchandise exports for the current fiscal year ending in March 2022, compared to $291.2 billion in the previous fiscal year.

Thus, till August-21, 41% of the target has been achieved.

Click on the attachment to read the full report:

SBI Research Ecowrap Merchadise Exports.pdf

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