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New Delhi: Favourable global trade outlook is expected to accelerate India’s export growth, said India Ratings and Research (Ind-Ra). Ind-Ra said that India’s exports, which have been languishing for quite some time, can take advantage of the favourable trade growth outlook of 2021 and consolidate its position further than what has been witnessed in Q1FY22. “In YoY growth terms, India’s exports grew 60.29 per cent, 195.72 per cent, 69.35 per cent and 48.35 per cent in the months of March, April, May and June 2021, respectively. “No doubt, the growth numbers reflect the depth of the Covid-19 shock last year but Ind-Ra believes they also show the strength of the current recovery, adequately captured by the monthly export number.”

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