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      Indias services export rises 3.4% in Sept 2016

      MoM Team / Mumbai, Nov 16, 2016 02:55 PM IST

        Indias services export rises 3.4% in Sept 2016

        Services trade surplus narrows to $ 5.47 billion in September 2016 As per the data released by the Reserve Bank of India, India's services exports rose 3.4 percent to $ 13.77 billion in September 2016 over September 2015.

        Meanwhile, India's services imports moved up 11.4 percent to $ 8.30 billion in September 2016.

        India's services trade surplus narrowed 6.7 percent to $ 5.47 billion in September 2016 from $ 5.86 billion in September 2015.

        India's services trade surplus fell 4.9 percent to $ 32.36 billion in April-September 2016 over a year ago, with 7.7 percent rise in services imports to $ 47.26 billion. India's services exports rose mere 2.2 percent to $ 79.62 billion in April-September 2016.


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