Exports to touch $92 B in FY06: Nath

By agencies   |   Tuesday, 24 May 2005, 07:00 Hrs
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MUMBAI: Trade Minister, Kamal Nath, said on Tuesday that the government was expecting exports to grow to $92 billion in the financial year to March 2006.

"We have set a target of $92 billion and we hope to achieve that," Nath said.

In the last financial year, merchandise exports were worth $80 billion, while the trade deficit widened to a record $26.5 billion as imports outpaced exports in a robustly growing economy.

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