There has been significant transformation in the international trade in services since the establishment of World Trade Organization (WTO). Services have been the largest sector of Indian economy and it is significantly contributing to the GDP of India. India is among the top ten World Trade Organization member countries in trade in services. India is having a positive trade balance in services. Post liberalization, India has emerged as one of the fastest growing nation in global trade services. This paper tried to illustrate the change in services sector post-independence. A complete picture of how the sub-sector under services have grown overtime is given. An assessment of recent trend in services has also been done. Further, a qualitative analysis has been done as how the net export in services changes overtime. Trade in services overtime is reaching new heights. So there is always an opportunity for India to tap those chances.

___________________________________________________________________________________

Keywords: Trade in Services, GATT, Services Sector, Tele-communications, Construction, Import- Export.