Business

‘India's exports grow 25% in FY-22; imports fall 1.68%

PTI

The exports of finished steel from India jumped over 25 per cent to 13.49 million tonne (MT) in 2021-22, Union Minister Faggan Singh Kulaste said Wednesday.

During the preceding 2020-21 fiscal, the exports stood at 10.78 MT, the Minister of State for Steel said in a reply to the Lok Sabha.

The imports fell to 4.67 MT in 2021-22 from 4.75 MT a year ago, a fall of 1.68 per cent, according to Kulaste.

"Government has taken various steps to increase the availability of iron ore and make them available at reasonable prices," he said.