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Services trade important for India’s economic growth: Rajesh Agrawal
Dec-24-2025

Commerce Secretary, Rajesh Agrawal has said that services trade is important for India’s economic growth, emphasizing its strong contribution to domestic value addition vis-a-vis merchandise exports. These comments came during the inauguration of a Chintan Shivir on Professional Services, where he also emphasized the importance of enhanced stakeholder coordination, reforms in the domestic ecosystem, and legally binding commitments on professional services under various FTAs to unlock global markets for Indian professional services.

Commerce Secretary further said that India’s demographic dividend offers immense potential to meet the rising global demand for professional services. To realise this potential, he expressed need to adopt global best practices and equip professionals with upgraded skills aligned with evolving global market needs and technological developments. 

Besides, Commerce Secretary said that greater openness in international trade in professional services would enhance competitiveness in India’s economy. He also encouraged professional bodies to organise and participate in international conferences to enable knowledge sharing and provide platforms for enhanced collaboration.


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