India’s exports are expected to touch a new high of over $330 billion in value in 2018-19, according to analysts. The official figures are likely to be released soon and should see a significant surge when compared to the nearly $303 billion achieved in the previous fiscal, they said.
The rise in petroleum and commodity prices and the recent depreciation of the rupee are supporting exports, it was pointed out. During April-February of the just-concluded fiscal, exports were nearly 9 per cent higher and have since seen a year-end rush of shipments, reports said.
