Business / Exports grow 11% in March, 9% in FY19

India's exports rose to a five-month high of 11 percent in March on account of higher growth mainly in pharma, chemicals and engineering sectors, marking the outbound shipments at USD 331 billion for FY 2018-19, official data showed Monday. Merchandise exports in March stood at USD 32.55 billion as against USD 29.32 billion in the same month last year. Imports rose by 1.44 percent to USD 43.44 billion in March 2019.