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Growth In Export Sector Revs Up Hope For Smes

The positive growth witnessed in Indian exports since November 2009 continued in December too, thereby bringing cheer to SMEs engaged in the sector. With export figures for the last month of 2009 recording an annual growth of 9.3% to touch US$14.6 billion, there are strong indications that the global trading sentiment is stabilising and the market is heading for a turnaround. On the recovery road According to the official export data, exports from India were valued at US$14,606 million in December 2009, as compared to US$13,368 million recorded in the same period last year.

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