Service exports rise 11% in Dec '14

Services export in FY 2013-14 stood at $167 billion and imports were at $88.2 billion

Press Trust Of India Mumbai
Last Updated : Feb 14 2015 | 1:00 AM IST
India's service exports rose 11 per cent to $14.3 billion in December 2014 over the same month a year ago.

Service exports during December 2013 stood at $12.9 billion, according to Reserve Bank of India data released on Friday.

Import of services during the month increased 7.7 per cent to $7.2 billion as against $6.7 billion a year earlier.

Also Read

Total service exports during April-December 2014 stood at $118.06 billion, while imports during the period were at $68 billion.

Services export in FY 2013-14 stood at $167 billion and imports were at $88.2 billion.

The services sector contributes about 60 per cent to the country's gross domestic product.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2015 | 12:22 AM IST

Next Story