Merchandise exports during September quarter 2017-18 stood at $74.21 billion and non-oil exports stood at $65.17 billion
The forecast is based on Exim Bank’s Export Leading Index (ELI), which continued to show a positive growth momentum.
The next growth forecast for October-December would be released during the first week of December 2018.
ELI gauges the outlook for exports and is essentially developed as a leading indicator to forecast growth in total merchandise and non-oil exports of the country, on a quarterly basis, Exim Bank said.
First Published: Thu, September 13 2018. 15:10 IST
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