India's Total Trade Expands 5.4 Per Cent in Last Quarter, Exports Reach 1.84 Trillion Dollars

India's Total Trade Expands 5.4 Per Cent in Last Quarter, Exports Reach 1.84 Trillion Dollars

India registered a 5.4 per cent growth in total trade during the last quarter, according to NITI Aayog Vice Chairperson Dr Ashok Kumar Lahiri. Exports reached 1.84 trillion dollars, while imports rose by 6.5 per cent. The latest Trade Watch Quarterly report released in New Delhi highlights India's expanding role in global trade with a special focus on pharmaceutical exports.

India's total trade recorded a growth of 5.4 per cent during the last quarter, reflecting continued momentum in the country's external sector. Vice Chairperson of NITI Aayog Dr Ashok Kumar Lahiri announced the figures while releasing the latest edition of the Trade Watch Quarterly report in New Delhi.

Speaking at the release of the report, Dr Lahiri said that India's exports reached 1.84 trillion dollars, while imports registered a growth of 6.5 per cent during the last quarter. He highlighted the overall performance of the country's trade sector and underlined the significance of the latest data.

Referring to the situation in West Asia, Dr Lahiri described the ongoing crisis as temporary and expressed hope that peace would soon prevail across the world. He indicated that the current developments in the region were not expected to have a lasting impact.

The Trade Watch Quarterly report released on Tuesday provides an analysis of India's role in global trade. The report primarily focuses on pharmaceutical trade and examines the country's position and contribution in the international market.

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The latest trade figures and the findings of the report underscore India's growing presence in global commerce, with the pharmaceutical sector remaining a key area of focus amid evolving international economic conditions.

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