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India's services export rises 6.9% in February 2020

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Capital Market

India's services trade surplus eases 1.7% to US$ 6.66 billion in February 2020

As per the data released by the Reserve Bank of India, India's services exports increased 6.9% to US$ 17.73 billion in February 2020 over February 2019. Meanwhile, India's services imports jumped 12.8% to US$ 11.07 billion in February 2020.

India's services trade surplus eased 1.7% to US$ 6.66 billion in February 2020 from US$ 6.78 billion in February 2019.

India's services trade surplus improved 1.7% to US$ 73.02 billion in April-February 2020 over a year ago, with 8.4% rise in services exports to US$ 202.57 billion. India's services imports moved up 12.7% to US$ 129.54 billion in April-February 2020.

 

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First Published: Apr 16 2020 | 3:16 PM IST

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