India’s services exports could touch $900 bn by 2030: Goldman Sachs
Thu, May 2, 2024 2:19 PM

India’s services exports could touch $900 bn by 2030: Goldman Sachs

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India's services exports could climb to $900 billion, or about 12.4 percent of its GDP, by 2030, driven by the emergence of Global Capability Centres (GCCs), Goldman Sachs said in what it called a "favourable scenario" of the economy. In such a scenario, the current account deficit could improve to average around 0.6 percentage of GDP over the medium term, it said.

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