Services exports improve 7.9% in October 2017

Services exports rises 1.9% in April-October 2017

As per the data released by the Reserve Bank of India, India's services exports improved 7.9% to US$ 14.15 billion in October 2017 over October 2016. Meanwhile, India's services imports galloped 13.3% to US$ 8.70 billion in October 2017.

India's services trade surplus rose 0.3% to US$ 5.45 billion in October 2017 from US$ 5.43 billion in October 2016.

India's services trade surplus improved 3.3% to US$ 39.05 billion in April-October FY2017 over a year ago, with 0.9% rise in services imports to US$ 55.44 billion. India's services exports rose 1.9% to US$ 94.49 billion in April-October 2017.

 

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