President to inaugurate 3rd Global Exhibition on Services

Update: 2017-04-16 16:50 GMT
President Pranab Mukherjee will inaugurate Global Exhibition on Services (GES) today which will highlight India's potential to boost its services exports across sectors.

Finance Minister Arun Jaitley will also address the inaugural session to be held at Rashtrapati Bhavan.

The third edition of the GES comes in the backdrop of increased focus on services trade and India's submission to the World Trade Organisation on trade facilitation in services.

India's services exports increased from $52 billion in 2005 to $155 billion in 2015, with a share of 3.3 per cent in global services exports. In the first 11 months of 2016-17, services exports stood at $146.5 billion, growing at 3 per cent.

The four-day event, to be held from 17-20 April at India Expo Mart, Greater Noida, will see participation from over 70 countries and focus on 20 services sectors including information technology, tourism and hospitality, logistics, education and financial services, among others. 

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