Friday, November 27, 2009

Export Sector of India Improving Gradually

India’s export sector is now going through a gradual improvement. Exports in October fell by 6.6%, a much better condition compared to May when Indian export sector experienced 13.8% decline. Indian export sector has been improving gradually as August saw 19.4% fall and September experienced 13.8% decline in the export sector of India.

Anand Sharma, Commerce minister of India, recently said that export policy which was published in August brought out positive results for the export sector of the country. With economic recession is over, Mr. Sharma is very much sure about growth of Indian export sector from the first quarter of 2010. He is also expecting a 15% yearly growth in export next year and a double growth by 2014.

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