服务出口向价值链上游移动

IBEFSERVICEEXPORTSMoving Up The Value ChainIn today's world, services form a crucial component ofthe economy. Service sectors provide many benefits asthey contribute to exports and GDP. This enablessmooth functioning of the primary and secondarysectors such as agriculture and manufacturing andhelps create white collar jobs as well as employment inother sectors, thus enhancing the standard of living. Forexample,banking services offer credit to businessmento build factories or expand. A construction companymay help the businessman by providing services toconstruct the factory. This factory will creafeemployment opportunities in the manufacturing sector.Similar to most modern economies, the service sectoralso forms the backbone of the Indian economy.SERVICE EXPORTS IBEF:2020, witnessed a strong rebound in2021. Exports in the three months endedEXPORTSeptember 2021 were higher than 23%compared to the same period in 2020.The United Nations Conference onTrade and Development (UNCTAD), abody established by the UN, expectsGLOBALSERVICEEXPORTSMARKETservices exports to grow 13.6% in 2021compared to 2020. This growth was dueto recovery in services such as travel,Intenational services trade contributedwhich increased due to higher6% to global GDP in 2020. Some of thevaccination levels and the lifting ofworld's largest exporters are the USA,lockdown. As more economies reopenthe UK, Germany, China, Ireland, Francethe lagging sectors are expected toand India. After the pandemic led to acatch up and provide an impetus tosignificant decline, global servicesservices exports, surpassing the pre-exports, estimated at US$ 5 trillion inpandemic peak of uss 6 trilion in 2019.GLOBAL SERVICES EXPORTS (IN USS TRILLION)5.8 6.0 5.35.64.920172018201920202021Source: UNCTADINDIASERVICESINDUSTRYThe service sector includes the followingindustries:India's services industry is vast and thecountry has significant global standingin terms of services produced andexported. The sector contributes over50% to GDP; from April 2021 to January2022, services accounted for 53% of theGross Value Added (GVA) and this isexpected to increase by 8.2%. At thestate level, the service sector accountsformore than50%of theGrossStateValue Added (GSVA) of 12 states in thecountry.ITFinancial ServicesBusiness ServicesSoftware ServicesHotels & RestaurantsReal EstateDefenceTelecommunicationInformation & BroadcastingTradingEducationConsultancyHospital & DiagnosticsAgricultureSERVICE EXPORTS IBEF:Information Technologywith related institutions to improve theease of doing business in the IT and BPOInformation Technology (IT) and IT-service sector.enabled Services (ITes) is one of India'smost important service sectors. AmongTourismall the services provided, software andbusiness services are the biggestThe tourism industry is crucial for thecontributors to the total servicesgrowth of the nation, employing India'sproduced, consumed and exported outunderdeveloped parts. The return toof the country. The IT and ITeS sector isnormalcy in the post-pandemic world isone of the largest employmentexpected to help the travel marketgenerators in the country. In FY21, the ITwhich is projected to reach US$ 125services and Business Processbillion by FY27. With the adldition ofOutsourcing (BPO) segment's directinternational airports and improvementemployment reached around 4.5in infrastructure, the number ofmillion, up ~16% from the last five years.internationalpassengers in India isIndirect job creation crossed 12 milionexpected to increase, giving a boost toduring this period, Revenue of the I andthe tourism industry. This industry is aITeS sector grew 2.26% Y-o-Y duringsignificant contributor to the economy,2020-21, reaching Us$ 194 billion. Thiswith a proiected GDp contribution ofincreased further to Us$ 227 billionUs$ 512billion by2028.during this period, adding about 450,000new hires in the same year and takingthe total direct employment to 5 million.The IT and ITeS industry is expected towitness growth with rising demand forbusiness consulting services, publicrelations services, engineering, medicaltranscription and documentmanagement services from developedmarkets such as the Us, Canada, NewZealand and Australia. The Governmentof India has also kept the industry"sgrowth on its agenda and is workingSERVICE EXPORTS IBEFHealthcareHealthcare is one of the fastest growingsectors with a large revenuecontribution and is among the majorBANKemployment providers in India, Thegovernment has been exploringstrategic alliances to increase businessprospects and strengthen bilateralcollaborations to further develop thehealthcare services of the country.Under the Union Budget 202223, Rs.86,200 crore (US$ 11 bilion) is allocatedto the Ministry of Health and FamilyWelfare, up 16.5% from last year, The%government is also working aggressivelyforthe development of Ayurveda, yogaand other traditional medicine industrydevelopment.Ports, Shipping and Waterway Transportwas Rs. 116.8 lakh crore (US$ 1.5 trill