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.

Next Story
Infrastructure Urban

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?