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...

PTI

Updated At : 01:07 PM Dec 14, 2023 IST

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.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

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The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

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