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South Asia uniquely positioned to become an export powerhouse: World Bank

Bidhu Bhushan Palo | @TheDollarBiz View of the Cyber Towers building in Hyderabad, India, which is considered as heritage building for the IT industry in South India. Services exports are forecast to become the mainstay of South Asia's exports in coming years   South Asia’s robust performance in exports is likely to continue in the coming years led by increasing diversification of exports and economic growth in India, the World Bank says in a new report. South Asia’s exports have steadily grown in the recent years, and in 2013, export growth in Bangladesh, India and Pakistan outperformed “Export Tigers” such as China, Thailand, Indonesia and Malaysia. Source - World Bank South Asia’s exports are also growing in importance for the regional economies, a ...

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