India’s services exports grow 11.4 pc in 2023: UNCTAD report
NEW DELHI, Apr 25 (PTI): India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion, according to a UNCTAD report.
Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality.
With an 8.9 per cent annual rise in current dollar value terms, the world services exports surpassed USD 7.9 trillion in 2023, a quarterly bulletin of UNCTAD said.
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