India’s Software Exports Cross $221 Billion, Led by US Market
What Happened
The United States bought $119.7 billion worth of India’s software services in FY26, an 11% increase from the previous year. Its share of India’s software exports rose to 54.1%, up from 52.9% in FY25, according to RBI data. India’s total software services exports grew 8.2% to $221.4 billion, with IT services contributing about $147 billion, reinforcing the sector’s importance to the country’s export earnings.
Key Takeaways
The US remains by far the biggest market for India’s technology industry, with export growth outpacing the overall software services sector despite tighter visa and trade policies.