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Tuesday, November 3, 2009

Sept exports down 13.8 pct yr/yr - govt official

India's exports in September fell 13.8 percent year-on-year to $13.6 billion, but the declining trend may reverse by December or January, a government official told on Tuesday."December or January, it will go to the positive side. It (export growth) is still in negative, but there is a fall in deceleration," said G. Bhujabal,economic advisor in the Ministry of Commerce and Industry.He said exports fell 28.5 percent in the April-September period to $77.9 billion.

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