Delhi export growth plunges to 10.4pc

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NEW DELHI, Nov 4 (PTI): Global financial turmoil and recessionary tendencies in major economies have impacted India's export growth, which slowed to 10.4 per cent in September even as the country increased its imports by 43.3 per cent over September 2007.
Outward shipments, which rose by 27 per cent in August, saw growth plunging to 10.4 per cent in September as the world bought less of Indian goods. Exports for September totalled USD 13.74 billion.
According to the official data released yesterday, exports in rupee terms were up 24.7 per cent to Rs 625.41 billion.