New Delhi, March 14 || India’s services exports have maintained strong momentum in FY2025-26, supported by sustained global demand for Indian services and over the April-January 2025-26 period, services exports are estimated at $348.4 billion, an official factsheet said on Saturday.
India’s services exports share in GDP averaged 9.7 per cent during FY23-FY25, marking a notable rise from 7.4 per cent in the pre-pandemic period, and highlighting the growing role of the services sector in supporting economic growth.
“This stabilising contribution strengthened further in the first half (H1) of FY26, with the share of services exports in GDP increasing to 10 per cent, highlighting the continued expansion and resilience of India’s services-led growth trajectory,” the factsheet revealed.
The services sector has also emerged as a major source of employment generation.
It accounts for nearly 30 per cent of total employment. Over the past six years, the sector added nearly 40 million jobs, in the post-COVID recovery period, highlighting its role as an important labour market shock absorber.