Noida, Nov 1: Maintaining his optimism that India would achieve the export target of 160 billion dollars for 2007-08, Commerce Minister Kamal Nath today said exports will pick up in the next six months.
''The fall in in non-oil imports during September was due to the weaking dollar and does not reflect a slowdown. I am still very confident. Exports will pick up in the next six months,'' Mr Nath told reporters here.
Counytry's exports rose 19.26 per cent in September from a year earlier to 12.80 billion dollars, steady from the previous month, government data showed today. Imports rose an annual 2.31 per cent to 17.22 billion dollar in September.