India’s exports hit a record $35.2 bn as demand revives

Indian merchandise imports increased to $46.4 bn in July, widening the trade deficit to $11.2 bn.

India exported goods worth a record $35.2 billion in July, signalling that the rapid economic recovery in key Western markets is increasing demand for Indian products.

Merchandise imports also shot up to $46.4 billion, the second highest in history.