Business news : India’s exports growth falls to 3.87 % in November

Amid weakening global demand, India's export growth fell to 3.87
percent in November against an average 33.21 percent in the first
eight months of 2011-12 fiscal, widening the trade deficit to $13.6
billion, official data showed Monday.

Exports in the month of November were recorded at $22.32 billion,
which is 3.87 percent more than the $21.49 billion worth of exports
during the corresponding month of the previous year.

But imports jumped by 24.55 percent to $35.92 billion, resulting in
the monthly trade deficit of $13.6 billion, according to data released
by the ministry of commerce and industry.

The cumulative value of exports in April-November 2011 was $192.7
billion, 33.21 percent higher than $144.66 billion exports registered
during the corresponding period of last year.

for More Details
:http://www.pravasitoday.com/indias-exports-growth-falls-to-3-87-pc-in-november

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