siliconindia | | MARCH 20239which are utilizing Indian potential, maximum efficiency and quality. All of these factors have combined to provide India the chance to establish itself as a centre of innovation and technology as businesses seek to use technology on a global scale.Growing India's Service Exports Opportunities & StrengthsIndia has a significant influence among the top 10 countries for services exports, with its growing share in the worldwide commercial services exports rising from 3.4 percent in 2019 to 4.1 percent in 2020. India's service sector exports showed a resilient increase with more than 25 percent growth in the FY 2021-22 because to a massive immunization effort and an uptick in global demand. The value of exports is projected to reach $235.81 billion from April through December 2022, a 21.69 percent rise from $184.65 billion from April through December 2021. Moreover, December 2022 is expected to see an increase in service exports of 4.97 percent to $27.34 billion from $25.98 billion in December 2021.The leading software businesses forecast average revenue growth of over 21 percent in the manufacturing, finance, banking & insurance, communication, retail, life
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