India's exports grew by 11 per cent to $32.55 billion in March on account of higher growth in sectors including pharma, chemicals and engineering, government data showed Monday. Imports rose by 1.44 per cent to $43.44 billion during the month. However, trade deficit narrowed to $10.89 billion as compared to $13.51 billion in the same month last year. Gold imports rose by 31.22 per cent to $3.27 billion in March 2019.
Oil imports rose by 5.55 per cent in March to $11.75 billion. For the full fiscal year (2018-19), exports grew by 9 per cent to $331 billion and imports rose by 8.99 per cent to $507.44 billion. In result, the country's trade deficit widened to $176.42 billion for the entire fiscal year, compared to $162 billion in 2017-18, data showed.
Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.