Showing signs of significant improvement, the country\u2019s exports in July reached almost the level of the corresponding month last year, Commerce and Industry Minister Piyush Goyal said on Tuesday.<\/p>\n
He said several indicators were reflecting that economic activities were reviving in the country.<\/p>\n
\u201cOur exports have almost reached last year\u2019s July level, with nearly 90% of our export of July 2019 having come back. And, in fact if we were to remove the oil-related exports, where we are largely a small value adder… we are 95% plus on the revival of our exports,\u201d he said. <\/p>\n
Exports fell for the fourth straight month in June, declining 12.4% to $21.9 billion on weak global demand due to COVID-19.<\/p>\n<\/div>\n
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