India's foreign trade deficit narrows to USD 8.9 billion in February

Merchandise exports grew 17.48 percent year-on-year to $24.49 billion last month, while imports rose 21.76 percent to $33.39 billion, the Ministry of Commerce and Industry said in a statement.

Published: 15th March 2017 07:33 PM  |   Last Updated: 15th March 2017 07:33 PM   |  A+A-

By Reuters

NEW DELHI: India's foreign trade deficit narrowed to $8.9 billion in February from a provisional $9.84 billion a month ago, government data showed on Wednesday.

Merchandise exports grew 17.48 percent year-on-year to $24.49 billion last month, while imports rose 21.76 percent to $33.39 billion, the Ministry of Commerce and Industry said in a statement.

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