Exports experience slowest growth in 13 years: MCCI

In the fiscal year 2015, exports rose only by 3.36 per cent year-on-year to more than US$31 billion from over $30 billion in the last fiscal year, lowest in 13 years. An analysis of the Export Promotion Bureau's export data shows that the country's major export products such as woven garments, knitwear, home textile, leather footwear & leather products, other footwear, plastic & melamine products, chemical products, engineering products, jute & jute goods, computer services experienced positive growth while frozen foods, agricultural products, furniture, leather, cotton & cotton products showed negative growth in FY'15 compared with those in the previous fiscal.

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