FROM STABILITY TO NEW FRONTIERS, INDIA’S SERVICES EXPORTS GROWTH MORE THAN DOUBLED FROM 7.6% IN THE PRE-PANDEMIC PERIOD (FY16-FY20) TO 14% DURING FY23-FY25

• Economic Survey 2025-26 chapter highlighting services as the principal engine of growth, with exports growth more than doubling from 7.6% (FY16-FY20) to 14% (FY23-FY25).
• Services contribute >50% of GVA; FY26 First Advance Estimates put share at a historic 56.4%.
• Identifies new frontiers: Media & Entertainment, Space Technologies, Orange Economy, Ocean Commercialisation, Data Centres, Concert Economy.
• UPSC relevance: GS-III (Indian Economy, growth, employment, services-led structural change).