Mukherjee, Deeparghya
India’s services exports: Could growth choke without digital commitments in FTAs? - Economic & Political Weekly - 61(22), May 30, 2026: p.13-16
India’s services exports have shown phenomenal growth, surpassing India’s merchandise exports in recent past. New global developments, including the usage of artificial intelligence, information technology, rising digital restrictiveness and standards, may slow down its growth in the absence of appropriate digital policies and commitments. The article analyses India’s mode-wise services exports, identifying major markets and compares it with the trends in the rest of the world. Inferring mode 1 as the dominant channel for India’s IT-enabled services exports, it is observed that digital commitments and openness through free trade agreements are increasingly driving IT-based services trade in higher value added segments. – Reproduced
https://www.epw.in/journal/2026/22/commentary/indias-services-exports.html
India’s services exports: Could growth choke without digital commitments in FTAs? - Economic & Political Weekly - 61(22), May 30, 2026: p.13-16
India’s services exports have shown phenomenal growth, surpassing India’s merchandise exports in recent past. New global developments, including the usage of artificial intelligence, information technology, rising digital restrictiveness and standards, may slow down its growth in the absence of appropriate digital policies and commitments. The article analyses India’s mode-wise services exports, identifying major markets and compares it with the trends in the rest of the world. Inferring mode 1 as the dominant channel for India’s IT-enabled services exports, it is observed that digital commitments and openness through free trade agreements are increasingly driving IT-based services trade in higher value added segments. – Reproduced
https://www.epw.in/journal/2026/22/commentary/indias-services-exports.html