I (Meaning and importance of Exports) Unit Structure

(d) Engineering goods 
This category includes iron and steel, electronic goods and 
computer software. Even up to 1980-81, exports of this group were 
only of Rs.827 crores. The exports started picking up by 1990-91. 
During 2007-08, exports have shot up to Rs.1,47,845 crores 
accounting for 23.1% of total exports. 
There are some more export items which can be classified 
as sunrise exports. Along with the diversification of exports, the 
sunrise export items will increase and their contribution in India‟s 
total exports will become more and more significant. 
2.4 REVIEW OF SERVICES EXPORT 
India is one of the leading exporters of services in the world. 
At present, India ranks 9
th
in the world for overall services exports. 
Currently, India ranks 2
nd
in the world for computer and information 
services exports. The trend towards globalization has resulted in 

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steady growth of trade in services. Probably the fastest growing 
sector of world trade is trade in services. Services include travel 
and entertainment, education, business services such as 
engineering, accounting and legal services. Following table given 
clear idea about the India‟s export of services. 
India‘s export of services 
Services Group 
Percentage Share 
2000-01 
2008-09 
(a) software services 
39.0 
45.5 
(b) business services 
02.1 
16.2 
(c) transportation 
12.6 
11.1 
(d) travel 
21.5 
10.7 
(e) financial services 
02.1 
03.9 
(f) communication services 
07.0 
02.1 
(g) insurance 
01.7 
01.4 
(i) other services 
14.0 
09.1 
Total (pre cent) 
100.0 
100.0 
Total (vaule) US $ billion 
16.3 
101.7