Imports from India to grow by 48% on annual basis in March 2024 First month of the new government, India recorded a huge increase in imports on a year-on-year basis

In the first month of the new government, India recorded a huge increase in imports on a year-on-year basis

Imports from India to grow by 48% on annual basis in March 2024, Commerce Ministry sources

Last month, the volume of imports from India was recorded at 2 crore 73 lakh dollars, which was 1 crore 85 lakh dollars in March 2023.

ISLAMABAD ( Web  News)

In the first month of the new government in the country, a large increase in imports from India on an annual basis was recorded. Sources of the Ministry of Commerce say that imports from India increased by 48% on an annual basis in March 2024. Last month, the volume of imports from India was recorded at 2.73 million dollars, which was 1.85 million dollars in March 2023. Sources say that imports from India had increased in January this year and in February and May last year, but the caretaker government had also stopped the process of appointing a trade officer in India. According to officials, Pakistan had suspended trade with India in August 2019, but sources say that later Pakistan eased trade with India. According to sources, Pakistan had given permission to trade life-saving medicines with India.