New Delhi, May 15 : India total exports of goods and services clocked a robust 12.7 per cent growth in April to touch the $73.80 billion mark compared with the corresponding figure of $65.48 billion during the same month last year, despite the global economic uncertainties triggered by the US tariff hikes, according to figures released by the Commerce Ministry on Thursday.
The country’s merchandise exports shot up by 9.03 per cent to $38.49 billion during the month with high-value electronics and engineering goods registering the highest growth. Electronic goods exports increased by a whopping 39.51 per cent to $ 3.69 billion in April from $2.65 billion in the same month last year. Engineering goods exports increased by 11.28 per cent to $9.51 billion during the month from $8.55 billion in April last year while gems and jewellery exports increased by 10.74 per cent to $2.5 billion from $2.26 billion. Ready-made garments also registered a strong double digit growth of of 14.43 per cent to $ 1.37 billion during the month from $ 1.2 billion in April last year. Similarly, rice exports increased by 13.63 per cent from $0.95 billion to $1.08 billion during the month, reflecting the better performance of the agricultural sector on the back of a better monsoon and adequate availability of fertilisers.