India’s Services exports set a new record of USD 254.4 Billion in the financial year 2021-2022. The new record achieved in 2021-22 beats the previous high of USD 213.2 Billion in 2019-20.
Key Points
- Telecommunications, computer, and information services, other business services, and Transport are the top contributors to Services exports.
- India’s overall exports (i.e. Services and Merchandise) touched USD 676.2 Billion in the financial year 2021-2022.
- Both Services and Merchandise hit record high exports in the financial year 2021-2022.
- India’s overall exports were USD 526.6 Billion and USD 497.9 Billion in 2019-20 and 2020-21 respectively.
