India’s merchandise exports have been rising consistently over the past seven months, signalling a gradual recovery from the disruption caused by the second wave of Covid-19.
Experts said that apart from a robust demand from key external markets, a sustained rise in outbound shipments can also be attributed to a rally in commodity prices, as well as weakening of the domestic currency.
“While exports are primarily driven by (external) demand, higher exports are the result of a combination of some other factors as well such a rise in commodity prices. Rupee has weakened marginally; so, some kind of export-push is also being