In FY23, the foreign revenue of IT businesses exceeds the earnings of other manufacturers

In FY23, the foreign revenue of IT businesses exceeds the earnings of other manufacturers.

The aggregate FX income of listed IT businesses increased by 20.7 percent in FY23 to Rs 5.14 trillion.

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IT services businesses, on the other hand, maintained their export growth pace.

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India’s product exports expanded in the low single digits in FY23

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