FROM STABILITY TO NEW FRONTIERS, INDIA’S SERVICES EXPORTS GROWTH MORE THAN DOUBLED FROM 7.6% IN THE PRE-PANDEMIC PERIOD (FY16-FY20) TO 14% DURING FY23-FY25

FROM STABILITY TO NEW FRONTIERS, INDIA’S SERVICES EXPORTS GROWTH MORE THAN DOUBLED FROM 7.6% IN THE PRE-PANDEMIC PERIOD (FY16-FY20) TO 14% DURING FY23-FY25 https://www.taxtmi.com/news?id=69035 The Survey finds services to be the principal growth engine, with 9.1% GVA growth in FY26 and a marked rise in services exports and services FDI, concentrated in digital, professional and infrastructure linked services. It highlights IT/ITeS, data centres, media and entertainment, tourism, space and ocean services as key frontiers, notes regional concentration and rising employment elasticity, and recommends reskilling, digital diffusion, supportive innovation policy, infrastructure upgrades and public private commercialisation to sustain and scale services led growth. en-us Thu, 29 Jan 2026 16:58:38 +0530 Thu, 29 Jan 2026 16:59:00 +0530 TaxTMI RSS Generator FROM STABILITY TO NEW FRONTIERS, INDIA’S SERVICES EXPORTS GROWTH MORE THAN DOUBLED FROM 7.6% IN THE PRE-PANDEMIC PERIOD (FY16-FY20) TO 14% DURING FY23-FY25 https://www.taxtmi.com/news?id=69035 The Survey finds services to be the principal growth engine, with 9.1% GVA growth in FY26 and a marked rise in services exports and services FDI, concentrated in digital, professional and infrastructure linked services. It highlights IT/ITeS, data centres, media and entertainment, tourism, space and ocean services as key frontiers, notes regional concentration and rising employment elasticity, and recommends reskilling, digital diffusion, supportive innovation policy, infrastructure upgrades and public private commercialisation to sustain and scale services led growth. News - Thu, 29 Jan 2026 16:58:38 +0530 https://www.taxtmi.com/news?id=69035