India's services exports rise 13.4% to USD 38.25 billion in July: RBI
Economic Times 1 hr ago·31 Aug 2026, 4:09 pm
India's services sector saw a strong recovery in July, with exports growing by 13.4% to reach USD 38.25 billion. This growth was accompanied by a 19.1% rise in imports, which stood at USD 20.61 billion. The result was a healthy services trade surplus of nearly USD 17.65 billion for the month. This positive momentum continued into the first four months of the fiscal year, with total services exports reaching USD 145 billion and imports at USD 75.14 billion.
This surge in services exports is a key indicator of India's economic health and resilience. It suggests that the country's digital and professional services sectors are performing well, even amidst global economic challenges. For investors, this data points to a potential strength in India's current account, which could support the rupee and attract foreign capital. It also reflects the growing global demand for Indian talent and expertise.
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- Category: Economy.
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