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  1. This is where India has beaten not only China but rest of the world since 2015

This is where India has beaten not only China but rest of the world since 2015

A robust at 16.2% growth for India in services export in the first half of the year 2017 has made India outpace not just China but rest of the world, data compiled by the Economic Survey 2018 showed.

By: | Updated: April 17, 2018 3:30 PM
This is where India has beaten not only China but rest of the world after 2015 in one graph A robust at 16.2% growth for India in services export has made India outpace not just China but rest of the world. (Image: Reuters)

A robust at 16.2% growth for India in services export in the first half of the year 2017 has made India outpace not just China but rest of the world, data compiled by the Economic Survey 2018 showed. India’s services export, which was racing against China and the rest of the world in terms of annual growth until 2015, clearly outpaced them in terms of annual growth.

India’s services export between 2011 and 2012, too, outpaced both China and rest of the world after China witnessed a sharp decline perhaps as a result of the 2008 financial crisis. But India could not maintain the status for too long. The services export took over India soon after 2012.

Post 2013, India came neck and neck with China until 2015 when it started outpacing both with a robust growth continuing for over two years now. “Services exports recorded a robust growth of 16.2% during April-September 2017-18, with a turnaround in some major sectors like travel and software services,” the Economic Survey 2018 noted.

And, moreover, the survey also predicted that India’s service exports are going to improve further in 2017-18. “Good performance of sub-sectors like Tourism, Aviation, and Telecom, robust services trade performance with even growth of major services like software returning to positive territory,” it added.

The provisional data mapping the growth of India’s services export seems to back the survey prediction. Between April 2017 and February 2018, India’s services export registered a growth a whopping 17.6% even as the higher trade deficit continues to pose a challenge for India.

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  1. karan prinja
    Apr 18, 2018 at 12:20 pm
    Oh well.i thought India has beaten rest of the world regarding number of rapes which are happening...
    Reply
    1. Cold Storage
      Apr 18, 2018 at 4:36 pm
      Maybe you should stop relying on paid media and check out other sources which place India on 94 number in terms of rape rate per 1,00,000 people. Or maybe you yourself are a rapist, that is why that is the first thing to hit your mind!
      Reply
      1. Muhammad Masud
        Apr 20, 2018 at 6:33 pm
        Thnxs bro for such a wonderful comnt. I think if the female person wear well dress on going out of home and the responsible person is hanged to the crowded people, this type of occurrence might be fall down to zero. If you study the lifestyle of Chennai women as well as men they all are very sincere on their personal Carrier as well as well dress-up lifeslifestyle in all the religious people. So raping, smagling, stealing all sorts of bad occurrences r mostly in the "0" level. If the government controls strictly on open ing drinking alcohol it must bring good achievements for the whole country and I think so.
        Reply
      2. S
        Sandesh
        Apr 18, 2018 at 8:53 am
        Thank you for the article...would really like to read more positive news rather then provocative news..
        Reply
        1. Pundit Radheshyam Mishra
          Apr 18, 2018 at 8:13 am
          This is a great news. PM Modi would have done greater than all this if supported by opposition in development of the country.
          Reply
          1. Ranish Pandit
            Apr 17, 2018 at 10:59 pm
            Print media always comes up with a feel Good story when things are not going right and Try to divert the attention.. Namo is not the solution but it’s the real people who needs to bring in the change in our country.. governments will come and go
            Reply
            1. Ajay Miya
              Apr 17, 2018 at 10:57 pm
              Namo only Namo
              Reply
              1. rajesh desai
                Apr 17, 2018 at 5:31 pm
                NAMO is the solution , just acknowledge it and buck stops here .
                Reply
                1. Singh Malwala
                  Apr 17, 2018 at 4:58 pm
                  India has also beaten other countries in producing large number of rape victims
                  Reply
                  1. San Mann
                    Apr 17, 2018 at 7:28 pm
                    Your own birth is proof of this
                    Reply
                    1. rajesh desai
                      Apr 17, 2018 at 8:24 pm
                      Yeah it’s truely sad because of our education and poverty , and there are hopes being seen and we have to acknowledge this rather refuse to come off the negative aspects . Two major aspects to eradicate the rape is education and poverty , everyone will be busy and prosper if these two things are taken care of is what the meaning . Hope you agree , so support to abolish rape this way not crying and creeping over it rather trying to find solution
                      Reply
                      1. Abhishek
                        Apr 18, 2018 at 1:29 pm
                        There is no connection between the article rape you .What is about abolishing rape?Who made rape legal?May be you are a product of rape.
                        Reply
                        1. Cold Storage
                          Apr 18, 2018 at 4:38 pm
                          You must have raped a lot of women. That is why that's all that you could think of !
                          Reply
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