Online published on 5 August, 2015.
This paper reviews the impact of changes in economic conditions on services export and imports of India. It also analysis and critically evaluates the India's exports and imports of services. It also estimates and analysis the growth rate of balance of trade and growth rate of trade in services. Services account for a large share of production and employment in most economies. Its share of the national GDP is higher in developed countries, which it averages 60–70% while it is lower in developing and least developed countries. In India, the sector accounted for 54.1% of the GDP in 2005–06.
