Asean emerges as fastest growing region for exports

Latest data available with the commerce department showed that India’s exports to Asean went up 56% during the first five months of the fiscal year as oil product shipments soared 2.4 times to over $6.1 billion, with Singapore accounting for almost threefourths of it.

What also helped was a 20-fold jump in computer hardware to $1.4 billion to Asean countries and strong growth of electric machinery (82% to $1.6 billion) and buffalo meat (42% to $1 billion)

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Source attribution: Times of India – Business.

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