India’s exports grew marginally by 0.88 per cent to $286.58 billion during the April- February period of the current fiscal. India’s merchandise exports was $284.07 billion in the same period in the previous year.
Foreign direct investment in India more than doubled to $4.48 billion in January, the highest inflow in last 29 months. In January, the country had received $2.18 billion in FDI. It was in September 2012 that India had attracted FDI that was worth $4.67 billion. During the April-January period of the current fiscal, the foreign inflows have grown by 36 per cent, year-on-year, to $25.52 billion.