According to export data, what was the value of India’s services exports in Q3 FY26?

Solution

India’s services exports reached $111.2 billion in Q3 FY26, according to the economic data cited. However, the growth rate of services exports slowed to 7.5% year-on-year, which was the lowest growth recorded in the previous seven quarters. The slowdown was partly attributed to an unfavourable base effect, meaning the comparison with strong performance in the previous year reduced the observed growth rate. Services exports include sectors such as information technology services, consulting, financial services, and other professional services provided to global markets.