TMI BlogIndia’s exports record highest growth in 2017-18: Suresh PrabhuX X X X Extracts X X X X X X X X Extracts X X X X ..... India’s exports record highest growth in 2017-18: Suresh Prabhu X X X X Extracts X X X X X X X X Extracts X X X X ..... er of Commerce & Industry and Civil Aviation, Suresh Prabhu, in New Delhi today. The Minister was speaking at the 2nd Services Excellence Awards and Summit - 2018 organised by ASSOCHAM. The Minister stated that services sector is set to become a dominant driver of the Indian economy and will contribute $ 3 trillion of $ 5 trillion by 2025. In order to give a boost to the services sector Commerce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ministry has identified 12 champion services sectors for which Cabinet has approved a dedicated fund of ₹ 500 crore to support initiatives for sectoral action. The Minister further added that the services sector contributes significantly to India's increased productivity & competitiveness and high quality of the champion services sectors will further boost exports of various services from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India and give a boost to employment generation. The Minister added that India is pushing for export of services to countries in Africa and also Latin America. India has a two pronged agenda with its trading partners: allowing professionals from India to travel abroad and trade facilitation in services export. The Minister exhorted ASSOCHAM to maintain high standards of professionals travelling a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... broad for services so that delivery of services exported will be of a high quality.
During this occasion the Minister released a Knowledge Study Report jointly prepared by ASSOCHAM and its knowledge partner, Resurgent India and gave away Excellence Awards in 28 services categories. X X X X Extracts X X X X X X X X Extracts X X X X
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