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India's surging services exports may shield economy from external risks
India's record high in services exports during Q4 2022 is expected to offset the risks of a slowing global economy weighing down the country's merchandise exports. Although IT services still accounted for 45% of India's service exports from April-December, professional and management consulting achieved a 29% compounded annual growth rate.
India's record high in services exports during Q4 2022 is expected to offset the risks of a slowing global economy weighing down the country's merchandise exports. Although IT services still accounted for 45% of India's service exports from April-December, professional and management consulting achieved a 29% compounded annual growth rate. 
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