IT Exports Record 17% Growth in First 2 Months of FY27
Pakistan’s IT and IT-enabled services export receipts grew 17 percent year-on-year to $811 million during the first two months of … Read More The post IT Exports Record 17% Growth in First 2 Months of FY27 appeared first on ProPakistani .
Pakistan's IT and IT-enabled services exports experienced a significant 17% year-on-year growth, reaching $811 million in the first two months of the 2026-27 fiscal year, according to data from the State Bank of Pakistan. This marked an increase from $691 million during the same period last year. However, the growth rate slowed in August, with export receipts decreasing by 6% to $394 million, down from $417 million in July.
Industry experts suggest that the decline in August might be temporary, with export receipts anticipated to remain within the $400 million to $450 million range in the following months. Muhammad Zohaib Khan, a former Pakistan Software Houses Association chairman, emphasized the need for the industry to concentrate on sectors where Pakistan holds a competitive advantage, such as cybersecurity, artificial intelligence, automation, and enterprise solutions.
Khan also pointed out the necessity to address gaps in human capital, payment systems, and access to international markets to ensure the sustainability of export growth.
Khan urged the government and IT exporters to intensify marketing efforts and explore new international markets to expand the sector's export base.
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