Exports from India rose sharply by 32.2% in the first quarter of this fiscal to $ 50.8 billion and growth rate in June alone was 30.4% to US $ 17.75 billion as compared to $ 13.5 billion during June 2009.

India's Commerce Secretary, Rahul Khullar stated that the first quarter (April-June 2010-11) exports reached a level of US $ 50.8 billion at a growth of 32.2% while the imports were $ 83 billion with a growth of 34% and a trade deficit of $ 32.2 billion.

The sectors which registered healthy growth in June include engineering (90%), petroleum & oil products (66%), gems & jewellery (24%) and chemicals (41%).

During the interaction, Khullar informed that India's imports in June were $ 28.3 billion, up by 23% while oil imports recorded a 25% growth in June.

India