India’s export basket skews towards services, pulls down trade deficit1 min read . Updated: 29 Aug 2019, 08:09 PM IST
- The performance of the services sector is getting reflected in other economic barometers too
- Latest official trade data released on Wednesday showed how export of services is growing at a robust pace
NEW DELHI : India’s export basket is undergoing a silent transformation, a trend that explains why the services sector, which accounts for about half of India’s gross domestic product (GDP), is doing better than other segments of the economy.
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