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Exports: No Cause for Panic Excluding Petroleum and Gems and Jewellery, no Significant Decline in India’s Exports

Dated:- 22-12-2015 - A general sense of alarm has been generated by the publication of figures of India's exports in recent months. During the period April-November 2015 total exports in dollar terms were US $ 174.3 billion which shows a decline .....

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ctober 2015 growth in IIP was 4.8%, more than double the growth recorded (2.2% during April - October 2014) in corresponding period during 2014. A closer look at the trade figures gives a satisfactory explanation for divergence in these figures. Petr .....

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n rupee terms non-oil exports have declined by only 3.7%. Similarly, export in gems and jewellery sector have fallen by 9.5%. In this case also there is a significant decline in raw material price, namely, gold. Hence the declines in exports in these .....

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and gems & jewellery, India's exports have not declined significantly. While several sectors have shown declines, some have shown increases e.g. ready-made garments of all textiles, carpets, handicrafts, jute manufacturing, drugs and pharmace .....

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ally wholesale transactions, it is the WPI rather than the Consumer Price Index which is more relevant. When the export figure in rupees is compared with the average negative WPI inflation rate of (-) 3.3%, the fall in exports in real terms is likely .....

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