But IT is not the only part of the services exports that we are looking at. We are looking at all other segments outside IT as well, of which engineering, research, and development and the professional management consulting, those are segments that are also contributing significantly to the services exports from the country.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to