“The launch of 12 Champion Sectors is a bold new step that will contribute to both India’s economy and the global economy, and will create jobs. In India, the services sector contributes 61 per cent in gross value added. With its young population, large talent pool and comfort with technology, India has natural advantages in the sector and is set to become even more of a provider of services to the world. India’s global services exports stood at 3.4 per cent in 2016. I am given to understand that the target is a 4.2 per cent share of global services by 2022. And frankly that is only the tip of the iceberg,” said President Ram Nath Kovind at inaugural of GES 2018.
Tagged with: By 2025: India hopes to double the size of its GDP to US$ 5 trillion Fourth Global Exhibition on Services to deepen India’s engagement with the global services sector Fourth Global Exhibition on Services with 500 international delegates Indian services sector likely to be 3trillion dollars by 2025 Ministry of Commerce and Industry and Maharastra host GES 2018 Ram Nath Kovind inaugurates 4th Edition of Global Exhibition on Services Ram Nath Kovind on the occasion of launch of 12 champion services sectors Services Export Promotion Council- CII-GES 2018