India’s imports from China reduced by 27.63% in April-August: Piyush Goyal

India’s imports from China declined by 27.63 per cent during April-August this fiscal to USD 21.58 billion over the same period previous year, Parliament was informed on Monday.

Value of imports from China stood at USD 4.98 billion in August and USD 5.58 in July, according to the data provided by Commerce and Industry Minister Piyush Goyal in his written reply to the Lok Sabha.

Later in a media briefing, the minister informed that the country’s export is reviving.

During the first half of September, exports have recorded a growth of 10 per cent over the same period last year, he added.

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