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India's services export rises 15.4% in November 2017

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Capital Market

Services trade surplus improves to US$ 5.75 billion in November 2017

As per the data released by the Reserve Bank of India, India's services exports increased 15.4% to US$ 15.39 billion in November 2017 over November 2016. Meanwhile, India's services imports jumped 15.9% to US$ 9.65 billion in November 2017.

India's services trade surplus improved 14.6% to US$ 5.75 billion in November 2017 from US$ 5.02 billion in November 2016.

India's services trade surplus improved 4.6% to US$ 44.79 billion in April-November FY2017 over a year ago, with 3.6% improvement in India's services exports to US$ 109.88 billion. India's services imports rose 2.9% to US$ 65.08 billion in April-November 2017.

 

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First Published: Jan 16 2018 | 5:49 PM IST

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