Travel & transport to cross 21% of India’s services exports in FY22-23: SEPC

Travel and transportation services combined are likely to account for 21% of India’s total services exports in Financial Year 2022-23, compared to around 15% in the first half of 2021-22 and 2020-21, when the pandemic struck, according to SEPC. In pre-pandemic 2019-20, travel and transportation services made up nearly 23% of services exports of $213 billion.