India’s Software Services Exports Rise 8.2% to $221.4 Billion
Why in the news
The RBI’s annual survey for 2025-26 showed a healthy rise in software and IT-enabled services exports.
Key facts
- Exports in 2025-26: $221.4 billion, up 8.2% year-on-year.
- ITES = Information Technology Enabled Services: BPO, KPO, call centres and back-office work.
| Destination | Share |
|---|---|
| United States (largest) | 54.1% |
| Europe | 31.8% |
| UK (within Europe) | 15.4% |
Why it matters
- IT and software form India’s biggest services export, behind the services trade surplus that offsets the merchandise deficit.
- With remittances, it holds the current account deficit near 0.6% of GDP in 2024-25.
Exam angle
- Survey by RBI; largest destination: US at 54.1%.