Services exports hit $192 bn so far in current fiscal
New Delhi, December 13
The country’s services exports have touched $192 billion so far this fiscal and are expected to reach $400 billion by the end of 2023-24, SEPC said on Wednesday.
Services Export Promotion Council (SEPC) said key sectors which are recording healthy growth rates include telecom, computer, information, and transport and travel.
The council is also engaged in formulating strategies to propel the sector’s growth, it said.
“As of the latest report, the services sector has demonstrated progress, with over $191.97 billion already accomplished out of the targeted $400 billion,” the council added.
It added that sectors like tourism, hospitality, and medical value tourism which suffered due to Covid are now showing revival signs. In addition to this, sectors like legal, auditing, higher education, accounting, and logistics are showing good growth.
