As Figure 4 indicates, the rupee seems to have weakened by about 6% against the dollar since the beginning of 2015, approximately the time our relative underperformance on goods exports started. This depreciation should have helped our exports, though the effects of depreciation show up only after a lag.
The decline in the output of goods (13.9%) was even more severe than for services (10.2%), and tourism continued to dominate total receipts during the period, contributing approximately 64% of total earnings during 2009 (see Figure 5).