{
  "id": 8403358,
  "title": "India’s software exports rise 8.2% to $221.4 billion in FY26, US share grows",
  "url": "https://urgent.news/2026/09/19/indias-software-exports-rise-8-2-to-221-4-billion-in-fy26-us-share",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T06:38:34.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india-software-exports-it-software-services-rbi-survey-ites-bpo-software-products-us-europe-11789753733461.html"
  },
  "original_language": "en",
  "account": "India's software services exports grew 8.2% in the fiscal year 2025-26, reaching $221.4 billion, according to the Reserve Bank of India's annual survey. The United States continues to be the primary destination for India's software exports, accounting for over half of the country's software exports at 54.1% of total exports, compared to 52.9% the previous year. The US received $119.7 billion in software exports. Europe was the second-largest destination, with a 31.8% share, led by the UK at 15.4%. IT services exports grew to $147 billion, while software product development exports declined to $6.4 billion. IT-enabled services (ITES) exports increased to $68 billion, with business process outsourcing (BPO) services continuing to dominate at 82.4%. The US dollar remains the dominant currency for invoicing, accounting for 72.6% of software export invoices.",
  "summary": "India’s software services exports rose 8.2% to $221.4 billion in 2025-26, with the US accounting for 54.1% and off-site services making up nearly 92% of exports, an RBI survey showed.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}