PR No – 86
15th May, 2024
New Delhi
PHDCCI appreciates the April 2024 exports growth
India’s exports increase significantly despite geopolitical headwinds. The total exports of merchandise and services in FY 2024-25 begins with strong growth of 6.8%. The April 2024 exports at USD 64.5 billion are higher than USD 60.4 billion in April 2023 said Mr. Sanjeev Agrawal, President, PHDCCI in a press statement issued here today.
We look forward to a great export growth trajectory in the current financial year. Further, recently India signed a monumental Long-Term Contract for the development of Shahid Beheshti Port Terminal, Chabahar. This port is expected to boost regional connectivity between India, Iran, Afghanistan and Central Asia thereby reducing cost of trade and enhancing exports to Central Asian countries . This port is also anticipated to act as a gateway to boost trade with European Countries, said Mr. Agrawal.
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Warm Regards,
Media Division
PHD Chamber of Commerce and Industry