India's September merchandise exports rise over 5pc YoY

The country shipped out merchandise worth $27.40 billion from $26.02 billion exported during the like period of the previous year.

According to the Ministry of Commerce and Industry, the top five commodities that showed positive growth during September 2020 vis-a-vis September 2019 were other cereals, iron ore, rice, oilmeal and carpets.

On Thursday, Commerce and Industry Minister Piyush Goyal, in a tweet, said: "Make in India, Make for the World: Indian merchandise exports grow 5.27 per cent in Sep 20 as compared to last year. Another indicator of the rapid recovery of Indian economy as it surpasses pre-COVID levels across parameters."