PM to inaugurate global exhibition on services on Apr 23

Prime Minister Narendra Modi will inaugurate on April 23 the three-day Global Exhibition on Services here in which 300 exhibitors and 500 foreign delegates are expected to participate.
The exhibition will serve as a platform to enhance strategic cooperation and develop synergies between services sector players in India and its global counterparts.
The sectors which will be showcased in the exhibition include IT & telecom, tourism, media and entertainment, healthcare, logistics, education and space.
Finance Minister Arun Jaitley will address the valedictory session on April 25.
Participants from 30 countries are taking exhibition space and around 18 states are participating, CII, co-organiser of the exhibition, said in a statement.

Besides several senior ministers of countries including Australia, Ireland, Bangladesh and Nepal would participate in the exhibition.

In global exports of services, India's rank has improved from 11th to 6th during 2009 and 2013.
India's services exports are worth USD 73 billion, more than imports in 2013-14.
India had a trade surplus in services segment unlike in merchandise where India runs a huge trade deficit of USD 138 billion in 2013-14.
The exhibition assumes significance as the government has fixed a target to double India's trade in goods and services to USD 900 billion by 2019-2020.