India's exports hit $16 bn in March

India's exports for March 2008 stood at $16.2 billion, registering a growth of 26.59 per cent. Exports were at $12.8 billion dollar in March 2007.

Imports for the month grew by 35.24 per cent to $23.17 billion, as against $17.1 billion dollars in the same month last year.

Exports for fiscal 2007-08 stood at $155.5 billion, a growth of 23 per cent over the $126.4 billion  in 2006-07. Imports grew 27 per cent to $235.9 billion, as compared to $185.7 billion in 2006-07.