India’s services export earnings up 11.6% on year, services imports fall around 5%

Reserve Bank of India (RBI) stated in a latest update that during February 2025, services exports came in at US$ 31.62 billion, up 11.6% on year while services imports fell by 4.8% on year to US$ 14.50 billion. Exports and imports fell 9% and 13.16% respectively on monthly basis. Net services export earnings also tanked by 4% on month to US$ 17.11 billion during the month.