Exports growth in double digit in April-May: Official Representative Image
News Updates

Exports growth in double digit in April-May: Official

According to senior government official, the country's exports have recorded a double-digit growth during April-May 2026-27

PTI

New Delhi: The country's exports have recorded a double-digit growth during April-May 2026-27, a senior government official said on Monday.

The Commerce Ministry will release the trade data for May on June 15.

"During the two months, exports are in double-digit growth," the official said.

Follow The PSUWatch Channel on WhatsApp

Exports rose by 13.78 percent to USD 43.56 billion in April, the highest monthly outbound shipments in more than four years, driven by petroleum products amid a surge in crude oil prices, but the trade deficit widened to a three-month high of USD 28.38 billion due to an uptick in imports.

The official also said that the commerce ministry will be hiring 1,000 people from across the country to disseminate information about free trade agreements being finalised by India.

Follow PSU Watch on LinkedIN

"We need people from different languages," the official said, adding paperwork is underway for the hiring process.

India has implemented FTAs with the UAE, Oman, Australia, the EFTA bloc and Mauritius. It has also finalised these pacts with the UK, New Zealand and the EU.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Lack of proper training in credit monitoring among reasons for frauds: CVC to banks

SCOPE hosts interactive programme on stress-free working

RITES Q1'FY27: Declares first interim dividend; posts 9% rise in profit

Rs 1.43 lakh crore out: FII ownership in Indian companies slips to 14-year low

UP Rera approves 10 projects worth Rs 1,412 cr across five districts