New Delhi, May 4 (PTI) India's services exports set a new record of USD 254.4 billion (about Rs 19 lakh crore) in 2021-2022, the commerce ministry said on Wednesday.

The exports also hit an all-time monthly high of USD 26.9 billion in March, it said.

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Telecommunications, computer, and information services, other business services and transport are the top contributors to the exports, it added.

"The new record achieved in 2021-22 beats the previous high of USD 213.2 billion in 2019-20," it said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)