According to the data of the commerce ministry, the estimated value of services export in April-January 2022-23 is USD 272 billion as compared to USD 206.28 billion in the year-ago period. In 2021-22, these exports touched an all-time high of USD 254 billion. IT and ITeS accounts for 40-45 per cent share in the exports. It is followed by travel and tourism, education, and financial services like banking, and accountancy.
