‘India to see a decline in service export from May due to Ukraine war’2 min read 10 Mar 2022, 01:42 AM IST
Because of rising fuel prices and side effects of the war, there will be a severe impact on four or five sectors, says Sunil Talati, Chairman, SEPC.
India’s services exports may be hit from May amid fears that hotel, travel and maritime industries and medical tourism may be severely impacted if the Russia-Ukraine conflict continues, Sunil Talati, chairman, Services Export Promotion Council, said in an interview with Mint. However, services exports will meet the target of $250 billion in 2021-22 and touch $325 billion in the next financial year, he added. Edited excerpts:
Select your Category