India's commercial services exports between 2005 & 2022 doubled, says World Bank

A report by the World Trade Organization about developing countries has mentioned that there has been an impressive increase in the trade aspects because of 4 predominant economies globally, namely China, Hong Kong, Singapore and India. According to a recent survey, India has doubled the trade services and commercial services from 2.2 per cent to 4 per cent from 2005 to 2022. 

India in recent years has become a sought-after country for medical purposes and has seen a surge in the number of patients coming from foreign countries. It is important to note that citizens of well-developed countries seek treatment from Indian doctors due to the low cost and high quality.  

India has also seen tremendous development in terms of Research and development and had been keeping up with the pace consistently. 

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