You are here

India needs to export rapidly to grow 8-10%: finance adviser

Saturday, March 12, 2016 - 14:06

[NEW DELHI] India needs to export rapidly to boost its economic growth to 8-10 per cent, finance ministry economic adviser Arvind Subramanian said on Saturday.

India's merchandise exports in January shrank for the 14th straight month on continued weak demand from Europe, the south Asian nation's biggest market.

January exports fell 13.6 per cent from a year earlier, while imports dipped 11.01 per cent, data released by the Ministry of Commerce and Industry showed last month.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom