Mumbai, Nov 14 (PTI) Services export of India remainedflat at USD 13.73 billion in September year-on-year whileimport slightly picked up to USD 8.45 billion, showed RBIdata.
In September 2016, India had exported services worth USD13.77 billion. The import grew 1.7 per cent from USD 8.30billion last year.
In August 2017, the services export was USD 13.7 billionwhile the import came in at USD 8.66 billion.
Cumulatively, the services export during April-Septemberread USD 80.33 billion. Import of services was valued at USD46.74 billion in the first half of the fiscal, showed the dataon India's International Trade in Services released by theReserve Bank of India (RBI).
India is one of the major economies contributing to theworld services export industry.
The services sector contributes to about 55 per cent inIndia's gross domestic product.
The data for the latest month comes with a lag of 45days.
The data published by the RBI is provisional andundergoes revision when the Balance of Payments (BoP) data isreleased on a quarterly basis. PTI KPMARD.
This is unedited, unformatted feed from the Press Trust of India wire.