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India's services exports hit $418.3 billion in FY26, cutting the trade deficit by over half.
India's services exports surged to $418.3 billion in FY26, crossing $400 billion for the first time with a 7.9% year-on-year increase.
This growth generated a net surplus of $213.9 billion, offsetting 64.2% of the country's merchandise trade deficit, which widened to $119.3 billion.
The Finance Ministry's report highlights the resilience of IT, business, and financial services amid global economic pressures.
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Las exportaciones de servicios de la India alcanzaron 418.300 millones de dólares en el año fiscal 26, reduciendo el déficit comercial en más de la mitad.