The dynamism of services exports

Funding research in a set of autonomous or private knowledge organisations will help

The dynamism of exports is particularly important for India today. Two sectors stand out: IT exports and “other business services”. These are the two most important areas where things are going well for India. The magnitudes are starting to become considerable. Decision makers in the private and government sectors can gain by harnessing this megatrend.

 

Consumption, investment, and government spending are all facing a difficult environment. The dynamic sector in India, the source of hope, is services exports. The table above looks at exports growth, the data being quarterly, across a decade: From the quarter ended