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India's Exports Rise to USD 35.2 Billion in June
ECONOMY & POLICY

India's Exports Rise to USD 35.2 Billion in June

In June 2024, India's exports registered a notable rise, reaching USD 35.2 billion, reflecting a 2.56% increase compared to previous months. However, concurrently, the trade deficit expanded to USD 20.98 billion. The surge in exports was driven by sectors such as oil and gas, which played a significant role in boosting the overall export figures. Despite the positive growth in exports, the widening trade deficit highlights ongoing challenges in maintaining balance between import and export volumes. This dynamic underscores the need for continued strategic measures to enhance export competitiveness and curtail import dependencies, thereby fostering a more sustainable trade environment for India's economy.

In June 2024, India's exports registered a notable rise, reaching USD 35.2 billion, reflecting a 2.56% increase compared to previous months. However, concurrently, the trade deficit expanded to USD 20.98 billion. The surge in exports was driven by sectors such as oil and gas, which played a significant role in boosting the overall export figures. Despite the positive growth in exports, the widening trade deficit highlights ongoing challenges in maintaining balance between import and export volumes. This dynamic underscores the need for continued strategic measures to enhance export competitiveness and curtail import dependencies, thereby fostering a more sustainable trade environment for India's economy.

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Infrastructure Transport

Chennai Airport Phase 2 Set for March 2026 Completion

The second phase of the Chennai International Airport expansion is progressing swiftly, with the Airports Authority of India (AAI) setting March 2026 as the target completion date. A high-level delegation led by AAI Chairman Vipin Kumar visited the site this week, underlining the urgency to adhere to deadlines amid increasing passenger numbers and growing operational demands.The under-construction terminal spans 86,135 square metres and will feature state-of-the-art amenities to enhance capacity and passenger experience. The Rs 12.07 billion project will include:8 entry gates60 check-in counte..

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Infrastructure Transport

Dholera Airport to Be Completed by December 2025

Ahmedabad: Gujarat’s aviation sector is set for a significant boost with the Dholera Greenfield Airport on schedule for completion by December 2025, as per details shared in Parliament by Minister of State for Civil Aviation, Murlidhar Mohol. The ministry clarified that there has been no extension to the original deadline, and the project remains on track.Situated near the Dholera Special Investment Region (SIR), the airport is being developed under the Greenfield Airports Policy, 2008, as part of the Government of India’s regional air connectivity expansion efforts.The new airport is stra..

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Infrastructure Transport

Halwara Civil Terminal Inauguration Deferred

The long-anticipated inauguration of the newly built civil terminal at Halwara, in Punjab's Ludhiana district, has been postponed, officials confirmed on Thursday. Prime Minister Narendra Modi was originally scheduled to inaugurate the terminal virtually on 27 July, but the event has been deferred with no official reason provided.Ludhiana Deputy Commissioner Himanshu Jain stated, “We have been informed by officials from the Airports Authority of India (AAI) that the inauguration has been postponed. No specific explanation has been shared yet.”Located at the Indian Air Force (IAF) base in H..

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