India’s export declined by 25% in April-June: Piyush Goyal

Piyush Goyal
Piyush Goyal

India’s overall export (merchandise plus services) has declined by 25.42 per cent during the period April- June, 2020 as compared to the corresponding period of the previous year, Union Minister of Commerce and industry Piyush Goyal said in a written reply in the Lok Sabha on Wednesday.

“The latest merchandise exports show a recovery, with export decline reducing to –12.66 per cent in August 2020. with the gradual opening up of the economy after the nation-wide lockdown, industrial activity has started to normalise,” Goyal said.