(MENAFN – IANS)
New Delhi, Nov 3 (IANS) Rising coronavirus cases in key export markets dragged India’s merchandise exports in October lower by 5.4 per cent on a year-on-year basis, preliminary data showed on Tuesday.
The country shipped out merchandise worth $24.82 billion from $26.23 billion exported during the like period of the previous year.
“Exports during April-October 2020-21 were $150.07 billion, exhibiting a decline of 19.05 per cent over the same period last year,” a Ministry of Commerce and Industry statement said on the basis of preliminary data.
“In October 2020, the value of non-petroleum exports was $23.21 billion, registering a positive growth of 1.84 per cent over October 2019. The value of non-petroleum and non-gems and jewellery exports in October 2020 was $20.28 billion, as compared to $19.07 billion in October 2019,…