Exports falling because of global slowdown: Amitabh Kant (Watch Full Video)

New Delhi, Dec 17 (KNN) The falling exports is a result of global slowdown, which will eventually improve, DIPP Secretary Amitabh Kant told KNN. (Video)

India's export tumbled 24.42 per cent in November as compared to same period last year. Total exports stood at USD 20.01 billion against USD 26.48 billion in November 2014, according to data released by the Ministry of Commerce & Industry.

Products exported by the MSME sector including engineering goods, gems & jewellery and petroleum products witnessed significant fall. The value of petroleum product exports fell 54 per cent to USD 2.16 billion; engineering goods by 28.57 per cent to USD 4.7 billion and gems & jewellery by 21.52 per cent to USD 2.89 billion. (KNN Bureau)