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NEW DELHI JAN 17 :Exports grew by 6.7 pc year-on-year to $25 billion commerce Secretory Rahul Khullar said.Imports too increased by 19.8 pc to $ 37.8 billion in the month leaving a trade deficit of A$12.8 billion.During April-December period of this fiscal merchandise shipment grew by 25.8 pc to $217.6 billion .”My guess is that we may touch $300 billion by end of he fiscal Khullar said.During the first three quarters of the current fiscal imports were up by 30.4 pc to $350.9 billion.

The trade deficit stood at $133.3 billion during the period.India’s export growth may face difficulties in the calendar year 2012,Khullar said the full year 2011-12 exports are seen at $300 billion.India exporters,however have struggled in recent months is he face of economic turbulence in the European Union which is India’s biggest trade that he would be happy if exports were to grow about 20 pc in 2012-13.