Despite ongoing global challenges, India's services exports for fiscal year 2023-24 are estimated at USD 339.62 billion, with imports standing at USD 177.56 billion, contributing to an overall export projection of USD 776.68 billion, a slight increase from the previous fiscal year's USD 776.40 billion.

With an 8.9 per cent annual rise in current dollar value terms, the world services exports surpassed $7.9 trillion in 2023, read the report.