Date of launch: April 23-25, 2015
GES 2015 – New Delhi
GES 2016 – Noida
GES 2017 – New Delhi
GES 2018 – Mumbai
Stakeholders – Government of India, Services exporters, overseas buyers
Services sector has been a key growth driver for the Indian economy, where the country enjoys a strong trade surplus. Services trade surplus stood at US$ 76.2 billion in 2017-18 (projected) compared to US$ 67.5 billion in 2016-17.
Share of services in the Indian economy increased from 29.9% in 1951-60 to 53.7% during 2001 to 2010. The services sector had a share of 55.2% in India's Gross Value Added (GVA) and contributed around 72.5% to the GVA growth in 2017-18, according to Economic Survey 2017-18. According to UN National Accounts Statistics data, India's ranking in services has improved from 14 in 2006 to 7 in 2016, among the world's 15 largest economies in terms of GDP. In 2016-17, the sector attracted around 60.7% of India's total FDI inflows. Some of the major export sectors in services are Software Services (45.15%), Business Services (20.20%), Travel (14.25%) and Transportation (9.72%).*
The very successful Global Exhibition on Services (GES) has been institutionalized by the Government of India as an annual event to showcase India's strengths in the Services sector. The first GES was organised during April 23-25, 2015 at Pragati Maidan, New Delhi.
*Figures in brackets pertain to share of total services exports
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Last updated: August, 2018