India's services exports rose by 4.4 per cent to USD 13.32 billion in June this year, Reserve Bank data showed today.
Services exports in June 2015 was at USD 12.77 billion. The exports stood at USD 13.46 billion in May 2016.
Services imports during the reported month increased by 11.5 per cent at USD 8.40 billion compared to USD 7.52 billion in the year-ago period.
Also Read
Services imports in May 2016 were at USD 7.92 billion.
The figures are based on RBI data on International Trade in Services for May 2016.
The services sector contributes about 55 per cent to the country's gross domestic product.
The RBI data is provisional and undergoes revision when the Balance of Payments (BoP) data is released on a quarterly basis.
Disclaimer: No Business Standard Journalist was involved in creation of this content
