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India's trade deficit narrows to $8.9 billion in Feb

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Reuters NEW DELHI
Last Updated : Mar 15 2017 | 7:31 PM IST

NEW DELHI (Reuters) - India's foreign trade deficit narrowed to $8.9 billion in February from a provisional $9.84 billion a month ago, government data showed on Wednesday.

Merchandise exports grew 17.48 percent year-on-year to $24.49 billion last month, while imports rose 21.76 percent to $33.39 billion, the Ministry of Commerce and Industry said in a statement.

(Reporting by Manoj Kumar; Editing by Malini Menon)

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First Published: Mar 15 2017 | 7:13 PM IST

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