Services Sector

Government of India has approved the ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors.  With the identification of 12 Champion Services Sectors, Bureau of Indian Standards (BIS) has set up a dedicated Services Sector Division Council (SSDC) to formulate Indian Standards in various Services Sectors, especially Champion Services Sectors.  Currently there are 84 published standards for various services sectors.  Wherever possible, the Indian Standards are harmonized with international standards for ensuring that quality of services match global expectations.

Services export has increased from US$ 154,311 Million to US$ 206,090 Million from 2015-16 to 2020-21.

The export of services sector during the last three years is given in the table given below:

(Sources: RBI)

 Government of India has approved the ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors, namely, Information Technology & Information Technology enabled Services, Tourism & Hospitality Services, Medical Value Travel, Transport & Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and Education Services.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Lok Sabha today.