You hear about India as a rising global giant. But here’s the twist: our biggest export isn’t steel, oil, or even code— it’s services.
Think of it this way: while some countries are digging the earth or running factories, India is selling brainpower. Tech support, software, consulting, finance, back-end operations—you name it. People across the world are paying for Indian skills, not stuff.
So how big are we?
We’re #3 in the world when it comes to net services exports.
Only the US and UK are ahead. They exported $278 billion and $203 billion worth of services in a year.
India? $159 billion. That’s ahead of Germany, Japan, everyone else.
But wait—it gets better.
India’s total economy (GVA, or Gross Value Added) is ₹274 trillion.
Out of that, services alone contribute ₹149 trillion—more than half (54%) of everything we produce.
For context:
- Manufacturing: ₹76 trillion
- Agriculture: ₹49 trillion
- Services: ₹149 trillion
Services are not just growing; they’re compounding like a dream:
- FY22: ₹112.9T
- FY23: ₹133.7T
- FY24: ₹149.1T
That’s a 16.2% CAGR over three years. For any industry, that’s gold.
So, what does this mean?
In investing terms, India is no longer just a story of cheap labor or farming reforms. It’s a services powerhouse, climbing up the global value chain. The world is buying Indian expertise—and they’re buying more every year.
If you’re betting on India, you’re not just betting on factories and farmland.
You’re betting on brains.
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