Services exports may rise to $800 bn by 2030: Goldman Sachs report
India’s services exports are set to reach $800 billion by 2030 from $340 billion last year, making the external sector resilient to supply-side shocks and reducing the rupee volatility, according to Goldman Sachs report, ‘India’s rise as the emerging services factory of the world’. “Our baseline scenario suggests that services exports could reach around 11 percent of GDP by 2030 (versus 9.7 percent of GDP in 2023), which amounts to around $800 billion (compared to around $340 billion in 2023),” the Goldman
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