US Accounts For Over Half Of India’s Software Exports In FY26 As IT Services Shipments Rise To $119.7 Billion
The United States continued to dominate as the biggest market for India’s software services exports in FY26, accounting for more than half of the country’s overseas technology shipments, according to data released by the Reserve Bank of India. Software exports to the US increased 11% during the year to $119.7 billion, taking its share in India’s total software services exports to 54.1%. This was…
According to data released by the Reserve Bank of India, the United States accounted for over half of India's software exports in the fiscal year 2026 (FY26), with software services shipments to the US increasing by 11% to $119.7 billion. This represented a 54.1% share of India's total software services exports, up from 52.9% in FY25. The overall software services exports, including overseas subsidiaries, rose 8.2% to $221.4 billion in FY26, with IT services driving the growth, generating $147 billion in exports.
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