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Services Export Promotion Council (SEPC) has said that the country's services exports have touched $192 billion so far this fiscal and are expected to reach $400 billion by the end of 2023-24.  SEPC said that key sectors which are recording healthy growth rates include telecom, computer, information, and transport and travel.

It added that sectors like tourism, hospitality, and medical value tourism which suffered due to COVID-19 are now showing revival signs. In addition to this, sectors like legal, auditing, higher education, accounting, and logistics are showing good growth.

Karan Rathore, Chairman at SEPC, said ‘At SEPC, our mission is clear, to guide the services sector in India's pursuit of achieving $400 billion by 2024 and $1 trillion in services export by 2030,.’ Services Export Promotion Council, set up by the Ministry of Commerce and Industry, has been mandated to facilitate global business opportunities for India's services sector.