India's Software Exports Surge 8.2% to $221.4 Billion

The Reserve Bank of India has released data on the country's software services exports for 2025-26. According to the survey, India's exports of software services (excluding sales through overseas commercial presence) increased by 8.2% year-over-year to $221.4 billion.

Computer services accounted for over two-thirds of India's total software services exports during the year, with BPO services remaining the dominant component of IT-enabled services (ITES) exports. Private limited companies dominated software exports with a 9.3% growth.

The United States remained the major software exports destination with a share of 54.1%, followed by European countries where the UK had a significant share. The US dollar was the principal invoicing currency for India's software exports, followed by the euro and pound sterling.