The country's exports are "drastically" improving with the outbound shipments contracting 36 per cent in May as compared to 60 per cent in April

The country's non-oil exports, excluding POL (petroleum oil and lubricant) exports, were down only 30 per cent. The contraction rate is coming down despite the fact that the country was under lockdown during large part of May.

Some stress could be there on certain discretionary spending sectors, and segments like textiles may take a little longer to recover.

Contracting for the second straight month, India's exports shrunk by a record 60.28 per cent in April to USD 10.36 billion, mainly on account of the coronavirus lockdown.

Imports also plunged by 58.65 per cent to USD 17.12 billion in April, leaving a trade deficit of USD 6.76 billion as against USD 15.33 billion in April 2019.

Talking about migrant workers, Commerce and Industry Minister Piyush Goyal said now the industry needs to take proper care of them when they return for work.

"...you cannot leave them in the lurch, you cannot let them fend for themselves. I think there will be lot of good coming up out of this lockdown that we faced. The good will be in terms of better future and security for the migrant labour," he said.