New Delhi: The World Bank and the WTO estimate that by 2022, India would have increased its share of global commercial services exports from 2 percent in 2005 to 4.4 percent.
Exports of commercial services from China and India are expected to treble between 2005 and 2022, from 3% to 5.4% and from 2% to 4.4%, respectively.
According to the paper titled "Trade in services for development," more than 10% of all services sector jobs in India, South Africa, and Türkiye are directly tied to cross-border services exports.—Inputs from Agencies