Bulletin – December 2012 India's Services Exports Abstract
Exports of services are an important source of demand for the Indian economy and account for a larger share of output than in most major economies. The importance of India's services exports mirrors that of the broader services sector in India, which is large compared with other countries at a similar stage of development. This article provides an overview of India's services exports, focusing on their composition and destination, and discusses some of the reasons why services exports are so important to the Indian economy.