New Delhi, May 3 -- India's services exports have emerged as a key pillar of external sector resilience, according to the Finance Ministry's April Monthly Economic Review, with robust growth helping cushion widening merchandise trade pressures.

The report underlined that "services exports continue to provide thrust to the country's total exports," reflecting sustained global demand for India's digitally delivered and professional services. In FY26, services exports recorded a healthy expansion of 7.9 per cent year-on-year, "crossing the USD 400 billion mark for the first time and reaching USD 418.3 billion."

This milestone not only signals scale but also a structural shift in India's export composition. The share of services in total ex...