India's services exports decline 3.3% to US$ 12.15 billion in October 2014

Services exports rise 3.5% to US$ 91.2 billion in April-October 2014

As per the data released by the Reserve Bank of India, India's services export declined 3.3% to US$ 12.15 billion, while services imports dipped 14.7% to US$ 5.94 billion in September 2014 over September 2013. With the decline in India's services imports, the services trade surplus improved 10.8% to US$ 6.20 billion.

India's services trade surplus rose 3.4% to US$ 42.21 billion, with 3.5% increase in services exports to US$ 91.2 billion in April-October 2014 over a year ago.

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