<h1>India's Services Exports Hit Record $250 Billion in 2021-22, Up 21.31%, Boosting Overall Export Growth.</h1> India's services exports reached $250 billion for the first time during April-March 2021-22, marking a 21.31% increase from the previous fiscal year. Overall exports, including merchandise, hit a record high of $669.65 billion, a 34.50% rise. Despite the pandemic's impact on tourism, aviation, and hospitality, the services sector achieved significant growth. The government attributes this success to strategic trade deals and efforts to position India as an export-focused economy. Notable trade agreements with the UAE and Australia were highlighted, with further negotiations underway with the EU, UK, Canada, and Israel.