Indian Services Exports Record 12.7% Growth in April Amid West Asia Crisis

India's Services Trade Sees Strong Expansion in April

India's services trade saw significant growth in imports and exports during April, according to the Reserve Bank of India (RBI). The data revealed that exports grew by 12.7 per cent to USD 37.021 billion in April, marking the highest growth in the calendar year.

This growth was accompanied by an expansion in imports, which increased by 8.9 per cent to USD 18.417 billion in April, according to the RBI data. Despite the ongoing geopolitical tension in West Asia, which has had a significant impact on economic activities in the region, India's services trade remained resilient.

The RBI's annual report for 2025-26 highlighted the country's efforts to diversify exports, which have contributed to a sustained surplus in services trade. Additionally, steady inward remittances have also helped to maintain the resilience of India's external sector, even amidst heightened global policy uncertainties and geopolitical tensions.

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