Exporters expect a growth of 11-13% in FY24. Cotton textile and apparel exporters expect 8-10% on-year growth in FY24. India clocked $450 billion exports in FY23. Exporters expect business to resume fully after July, pinning their optimism on recovery in the advanced markets and improved order book.
Rupee gains 24 paise to 85.77 on weak dollar index
The currency strengthened to 85.59/$1 levels during the day, before losing some ground due to importer hedging demand, while likely intervention by theReaerve Bank of
April 16, 2025