Quick Summary
SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL SERVICES SECTOR FDI INFLOW OF $ 16.73 BILLION RECEIVED IN FIRST HALF (H1) OF 2021-22 22.8% INCREASE IN NET EXPORTS OF SERVICES IN H1 2021-22 IT-BPM REVENUES REACHED $ 194 BILLION, GROWING BY 2.26%
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FAQ :
The Services Sector contributed over 50% to India's GDP during the fiscal year 2021-22.
The Services Sector witnessed a Year on Year growth of 10.8% in the first half of 2021-22.
The overall Services Sector GVA was expected to grow by 8.2% in 2021-22.
The Services Sector received $16.73 billion in FDI equity inflows during the first half of 2021-22.
Net exports of services increased by 22.8% in the first half of 2021-22.
IT-BPM revenues reached $194 billion in 2020-21, showing a growth of 2.26%.
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