According to recently released data, it has been learned that the exports in the Indian market grew by close to 23.2% in September. It is to be mentioned here that the growth in exports is the recording a two-year high of $18.02 billion. However, the faster import growth raised concerns on the other end over the country's widening trade gap. For the record, the merchandise exports in the Indian market in September 2009, was $14.6 billion.

For the period of April-September 2010-11, the exports in the Indian market were on a northward drive as it raised by close to 28% at a level of $103.64 billion, which was way up as compared to the same period previous fiscal.

According to the statement by the Commerce and industry minister Anand Sharma, India is very much back on track as far as the export target of $200 billion is concerned for the current fiscal.

The Federation of Indian Export Organizations (FIEO) has said that the council is very much confident about getting its hands on the export target for the 2010-11 fiscal as the growth has been decent in all this period.