#services
India's exports hit record $863 bn in 2025-26, driven by services surge
Services exports jump to $421.32 billion in 2025-26, compared to $387.55 billion in 2024-25, a growth of 8.71%
PMI services rose to 5-month high of 58.8 in April
Strong domestic demand lifts PMI; new orders strengthen even as overseas demand weakens amid West Asia tensions
Govt develops export monitoring framework to meet FY31 $2 trillion export target
India aims for $2 trillion in exports by 2030-31. The Commerce Department has created a detailed plan. This framework targets sectors like engineering, textiles, and services. Key performance indicators and timelines will guide progress. Inter-departmental co…