The country's exports grew 22.47% year-on-year to USD 6.75 billion in the first week of November, mainly driven by healthy growth in pharmaceuticals, gems and jewellery and engineering sectors compare to the exports during the first week of November last year was USD 5.51 billion says an official. 

Cardamom as the lead, Indian Spice exports touch INR 10,001.61 crore in April-August period

Imports in November (1st - 7th) this year too increased by 13.64 per cent year-on-year to USD 9.30 billion as against USD 8.19 billion, the official said. Imports, excluding petroleum, jumped 23.37 per cent during the week, the official added. Trade deficit during the week stood at USD 2.55 billion.

Current status of India PM's $5 trillion economy goal

Exports of pharmaceuticals, and gems and jewellery grew 32 per cent to USD 139.12 million and 88.8 per cent to USD 3,360.71 million, respectively. During the week the outbound shipments of engineering goods increased by 16.7 per cent to USD 215.13 million. During the period, exports to the US rose by 53.91%, Hong Kong rose by 176.2% and Singapore rose by 90.76%. The country's export had also recorded positive growth in September but declined 5.4 per cent to USD 24.82 billion in October. Sectors which recorded negative growth include petroleum, marine products and leather goods.

From rags to riches, story of Gursewak singh jassal a young entrepreneur from india