* India’s software services exports rose 8.2% year-on-year to US$221.4 billion in 2025–26, excluding sales through overseas commercial presence.

* Computer services accounted for more than two-thirds of total software services exports, while BPO services remained the largest ITES component.

* The United States was the leading destination, accounting for 54.1% of India’s software services exports, followed by Europe at 31.8%.

Original Press Release:

Sept. 18 -- Reserve Bank of India issued the following news release:

Today, the Reserve Bank released the data[1] related to the 2025-26 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey[2] collects details on India’s exports of software services {computer services and ITES/business process outsourcing (BPO) services} as per type of activity, on-site/off-site nature of services, country of destination and modes of supply.

For 2025-26 round of the survey, 7,569 software export companies were contacted, of which 2,363 companies, including most of the large companies, responded. The participating companies together accounted around 89 per cent of total estimated software services exports [3] (Table 1 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Highlights:

The India’s exports of software services (excluding their sales through overseas commercial presence) increased by 8.2 per cent (y-o-y) during 2025-26 to US$ 221.4 billion (Table 2 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Computer services continued to account for over two-thirds of India’s total software services exports during the year; BPO services remained the dominant component of IT enabled services (ITES) exports (Tables 2 and 3 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Private limited companies dominated 2025–26 software exports with 9.3 per cent growth. (Table 4 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

The United States of America remained the major software exports destination with a share of 54.1 per cent, followed by European countries (31.8 per cent) where United Kingdom had major share (Table 5 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

The US dollar was the principal invoicing currency for India’s software exports, followed by the euro, the rupee, and the pound sterling (Table 6 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Software services exports primarily delivered through off-site mode (91.7 per cent share) (Table 7 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Total software export services, including services delivered by foreign affiliates of Indian companies, increased by 9.5 per cent during 2025-26 and stood at US$ 239.3 billion (Tables 8 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625))

The local software business by foreign affiliates of Indian companies increased to US$ 17.9 billion in 2025-26 from US$ 13.9 billion in the previous year, with the USA and the UK remained the major destinations (Tables 9 and 10 (https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625)).

Table 1: Survey Response and Final Estimates for 2025-26 – A Snapshot

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 2: Software Services Exports from India

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 3: Industry-wise Distribution of ITES Services Exports

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 4: Organisation-wise Distribution of Software Services Exports

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 5: Software Services Exports – Major Destination

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 6: Software Services Exports - Currency Composition of Invoice

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 7: Software Services Exports – Type of Services

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 8: Mode-wise Exports of Software Services

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 9: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Activity Distribution

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Table 10: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Country Distribution

Disclaimer: Table can be viewed at: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=63625

Footnotes:

[1] The previous data release in the series, covering 2024-25 survey round, was published on November 04, 2025, on the RBI website.

[2] The survey schedule is given in the Annex.

[3] Exports of relatively small non-responding companies have been estimated as per the methodology published in the article titled ‘Survey on Computer Software and Information Technology Enabled Services Exports, 2016-17’ in March 2018 issue of the Reserve Bank of India Bulletin.

Source: Reserve Bank of India

[Category: IT Services]