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This Article is From Apr 15, 2015

India's Services Exports Up 7% in February

India's services exports edged up 7.1 per cent to $14.1 billion in February 2015 over the same month a year ago.

India's Services Exports Up 7% in February

Mumbai: India's services exports edged up 7.1 per cent to $14.1 billion in February 2015 over the same month a year ago.

Services exports during February 2014 stood at $13.16 billion, Reserve Bank of India data released on Wednesday showed.

Import of services during the month increased 23.64 per cent to $7.9 billion as against $6.39 billion a year earlier.

Total services exports during April-February 2014-15 stood at $146.46 billion, while imports during the period were at $83.69 billion.

Services export in FY14 stood at 167.01 billion and imports were at $88.19 billion.

The services sector contributes about 60 per cent to country's gross domestic product.

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