Mumbai, March 21 -- Recognizing the rapid growth of MSMEs in IT, tourism, business accounting, and financial services, Union Minister of Commerce & Industry, Piyush Goyal, emphasized the sector's key role in driving services exports and creating jobs. While speaking at the Global Confluence 2025 organized by Nasscom in New Delhi, he expressed confidence that the IT sector can achieve an ambitious $450 billion services export target in the next financial year. He underscored the critical role of the IT and IT-enabled services (ITES) sector in India's economic growth. He noted that the services sector exports reached approximately $340 billion last year, with IT and ITES contributing nearly $200 billion. This year, services exports are expe...
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