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Journal of Management Research and Analysis


WINNING THE GLOBAL MARKET THROUGH SERVICE EXPORT – GREAT OPPORTUNITIES TO INDIAN SERVICE INDUSTRY


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Author Details: Jayant Sonwalkar, Chandan Maheshkar

Volume : 2

Issue : 1

Online ISSN : 2394-2770

Print ISSN : 2394-2762

Article First Page : 87

Article End Page : 97


Abstract

India’s services exports mirrors the broader services sector in India. As per WTO, ranked India as 8th largest exporter (3.3% of world exports) and 7th largest importer (3.1% of the world imports), in commercial services trade. Service Sector has shown higher growth rate as compared to agriculture and manufacturing sectors. At the other side, the world economy has been receiving shocks at regular intervals since the 2008 crisis. This confluence is leading to tensions, with emerging market economies facing the dual challenges of slowing growth and tighter global financial conditions. Thus, through considering the role of service export as an opportunity in global markets, this paper aimed to reveal the facts and figures of Indian service export and its global perspective.


Keywords: Export, Service Export, Service Sector, Global Export Opportunities