India’s non-software services exports have gained momentum in the last few quarters and the growth has been faster than that of software services exports.

Business services exports accounted for 24% of total services exports in the first nine months of the last financial year. It was 19% in FY14.

Also read: HCL Tech Q4FY23 net profit up 11% on-year to Rs 3,983 cr, revenue up 18%; dividend bonanza for shareholders

Global capability centres have ramped up their staff strength to 1.4 million in FY21 from 0.6 mn in FY14, which has helped push up non-software services exports.