Diabytes
Service exports News
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Services export in 2014-15 fiscal stood at USD 167.01 billion, down 4 percent from the year-ago period while imports were at USD 88.19 billion, up 3.8 percent from 2013-14 fiscal.
The services sector contributes about 60 percent to country's GDP.
India's service exports edged up by 2.3 percent to USD 14.3 billion in January 2015 over the same month a year ago.
Stressing the need to boost service exports, Commerce and Industry Minister Nirmala Sitharaman said the government will identify "key barriers" facing the sector and then undertake "specific reforms".
India's service exports rose 11 percent to USD 14.3 billion in December 2014 over the same month a year ago.
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