NEW DELHI, February 4: India's export growth continued to be none too impressive as it registered a mere 3.31 per cent in the first three quarters of this financial year with an estimated exports of $ 25 billion as against $ 24.2 billion in the corresponding period in 1996-97.The latest monthly trade data said that exports during December 1997 was valued at $ 2.6 billion which was 5.13 per cent lower than $ 2.75 billion of exports achieved in December 1996.
In rupee terms, however, the exports in December 1997 was Rs 1,000 crore more as compared to the corresponding period in the previous year due to continued fall in the rupee's value against the US currency. Imports during April to December 1997 was estimated at $ 29.48 billion.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
