Services exports improves 8.8%, trade surplus rises to US$ 69.55 billion in FY2018
As per the data released by the Reserve Bank of India, India's services exports increased 18.7% to US$ 16.83 billion in March 2018 over March 2017. Meanwhile, India's services imports jumped 24.3% to US$ 10.28 billion in March 2018.India's services trade surplus improved 10.9% to US$ 6.55 billion in March 2018 from US$ 5.91 billion in March 2017.
India's services exports rose mere 8.8% to US$ 174.76 billion in April-March 2018, while services imports moved up 10.2% to US$ 105.21 billion. India's services trade surplus improved 6.6% to US$ 69.55 billion in April-March FY2018.
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