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Exports continue uptrend

Our Bureau

NEW DELHI, Jan. 1

THE country's exports continued to maintain a buoyant trend, registering a growth rate of 16 per cent in the month of November 2002 at $4,135.09 million, against $3,576 million in the corresponding month of 2001.

Outpacing export growth, imports too registered an exponential growth rate of 29 per cent in November 2002 at $5,361.50 million ($4,157.88 million).

Overall, the export performance during the first eight months of the current fiscal notched up a robust 16 per cent growth at $32,865.10 million, against $28,418.08 million in the comparable months of 2001, kindling hope that the whole year target of 12 per cent could even be overshoot if the initial buoyant trends persist in the lingering four months.

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