In a first, Indian services exports to outstrip goods

Quick Summary:

Driven by Global Capability Centers (GCCs) and robust growth in sectors like management and legal services, this shift reflects a sustained upward trend.

India's service exports are poised to surpass goods exports in November, reaching an estimated $35.7 billion.

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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Article Details

Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets: IndiaUkraine

Topics: Indian services exports Commerce department Goods exports Global Capability Centres Software exports Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 07:18:32 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 885 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24475257

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