India’s non-oil exports to rise marginally in Oct-Dec to $68.3 bn: Exim Bank
NEW DELHI : Exim Bank expects India’s non-oil exports to increase 0.3% to $68.3 billion during October – December quarter of the ongoing fiscal.
The total merchandise exports are forecast to continue to witness a moderation at $77.6 billion in October-December quarter of 2020-21 as against $79 billion a year ago, the Export-Import Bank of India (Exim Bank) said.
India’s non-oil exports for the third quarter of FY2021 are forecasted to amount to $68.3 billion, witnessing a marginal positive growth of 0.3% over the corresponding quarter of the previous year, after three consecutive quarters of contraction, it said.
