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India's services export declines 1.4% in September 2020

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Capital Market

Services trade surplus improves 11.0% to US$ 7.15 billion in September 2020

As per the data released by the Reserve Bank of India, India's services exports declined 1.4% to US$ 17.29 billion in October 2020 over October 2019. Meanwhile, India's services imports dipped 8.7% to US$ 10.14 billion in October 2020.

India's services trade surplus improved 11.0% to US$ 7.15 billion in October 2020 from US$ 6.44 billion in October 2019.

India's services trade surplus improved 8.9% to US$ 41.99 billion in April-October 2020 over a year ago, The services exports declined 8.3% to US$ 100.97 billion. India's services imports dipped 17.6% to US$ 58.98 billion in April-October 2020.

 

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First Published: Nov 13 2020 | 9:36 PM IST

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