India’s services exports recorded a strong 12.7 per cent year-on-year growth in April 2026 despite ongoing geopolitical tensions and trade disruptions linked to the West Asia crisis, according to data released by the Reserve Bank of India (RBI).
The RBI said India’s services exports continued to show resilience amid global economic uncertainty, supported by robust demand for software services, business consulting, financial services, and transportation-related activities.
Economists noted that the growth highlights the strength of India’s diversified services sector even as concerns persist over supply chain disruptions, rising freight costs, and energy market volatility arising from the conflict in West Asia.
India’s services trade performance has remained a key contributor to the country’s external sector stability, helping offset pressure from merchandise trade fluctuations. Analysts said sectors such as information technology, global capability centres, professional services, and travel-related services continued to drive export earnings during the month.
The latest RBI figures come at a time when exporters and logistics operators are closely monitoring developments in the Strait of Hormuz and other critical shipping corridors that have witnessed heightened geopolitical risks in recent months.
Industry observers believe sustained growth in services exports could support India’s overall trade outlook in the coming quarters despite uncertainty in global trade and shipping markets.