Services exports rose 5.3 per cent to $12.94 billion in September 2014 as compared to the corresponding period last year.
However, import of services during the month fell 9.1 per cent to $6.17 billion against the year-ago period, data from the Reserve Bank of India showed.
In August 2014, services exports were nearly flat at $12.24 billion. Services import was up 7.5 per cent at $6.77 billion in August over the year-ago month.
Cumulative receipts of exports in services during April-September stood at $79.05 billion while cumulative payments (or imports) were at $43.04 billion.
Services export in 2013-14 stood at 167.01 billion while imports were at $88.19 billion.
The services sector contributes about 60 per cent to the country’s gross domestic product.
–PTI