In a first, Indian services exports to outstrip goods

India's service exports are poised to surpass goods exports in November, reaching an estimated $35.7 billion. Driven by Global Capability Centers (GCCs) and robust growth in sectors like management and legal services, this shift reflects a sustained upward trend. The government aims to further boost service sectors like IT, tourism, and maritime services to achieve a $1 trillion export target.

Dec 17, 2024 - 05:30
In a first, Indian services exports to outstrip goods

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India's service exports are poised to surpass goods exports in November, reaching an estimated $35.7 billion. Driven by Global Capability Centers (GCCs) and robust growth in sectors like management and legal services, this shift reflects a sustained upward trend. The government aims to further boost service sectors like IT, tourism, and maritime services to achieve a $1 trillion export target.
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