Exports may be in positive territory in FY22: Govt official

The country’s exports are reviving and the shipments are expected to be in the “solid” positive territory in this financial year, Commerce Secretary Anup Wadhawan said.
Exports may be in positive territory in FY22: Govt official

New Delhi

Exports recorded a significant contraction in April last year but things started improving and the shipments have entered the positive territory. “So, I am quite positive and hopeful in 2021-22, we will be in solid positive territory. I have no doubts about that. But I do not want to predict numbers and make any targeted projections,” he told reporters. In March this year, the exports rose by 60.29 per cent to $34.45 billion. However, in 2020-21, the shipments dipped by 7.26 percent to $290.63 billion.

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