New Delhi, Aug. 17 -- Regulatory reforms aimed at improving clarity, professional mobility, recognition of qualifications and ease of doing business could help India unlock the full export potential of its professional services sector, according to a recent NITI Aayog report.

The report, titled India's Services Sector: Insights on Regulatory Regime in Professional Services, said professional services have emerged as a key component of India's services economy and have significant potential to strengthen the country's position in global services trade.

India was the seventh-largest exporter of services globally in 2024, with a 4.3 per cent share of global services exports. Professional and management consulting services accounted for nea...