India's Services Exports Hit 10% of GDP, Bolstering External Resilience: Economic Survey

India: One of the Fastest-Growing Major Economies | India has recorded one of the strongest long-term growth trajectories since 1980. Its GDP rose from under $200 billion to more than $4.1 trillion by 2025, placing it among the world’s top five economies. (Image: Canva)

Budget

C

CNBC TV18•29-01-2026, 18:58

India's Services Exports Hit 10% of GDP, Bolstering External Resilience: Economic Survey

•Economic Survey 2026 highlights services exports as a critical buffer and key growth driver amidst global uncertainties.
•Share of services exports in India's GDP rose to 10% in H1 FY26, up from 9.7% in the year-ago period and 7.4% pre-pandemic.
•Average growth in services exports more than doubled to 14% (FY23-FY25) from 7.6% (FY16-FY20), reflecting strong global demand.
•Software services account for over 40% of total services exports, growing at 13.5%, while professional and management consulting services grew by 25.9%.
•Sustaining growth requires diversification, value chain movement, and trade policies leveraging FTAs for market access and regulatory cooperation.

Why It Matters: India's services exports reached 10% of GDP, reinforcing external resilience and driving economic growth.

Read Full Article on Cnbc in English

✦

More like this

Loading more articles...