Demonstrating the enduring global competitiveness of the domestic technology ecosystem, the Reserve Bank of India (RBI) released its comprehensive annual survey on computer software and IT-enabled services (ITES) exports, revealing an 8.2 percent year-on-year growth to reach $221.4 billion. Covering financial performance metrics from thousands of active IT exporting enterprises, the central bank report noted that total international software sales—including revenues generated through overseas commercial affiliate operations—scaled past $239.3 billion. Business Process Outsourcing (BPO) and IT-enabled services maintained their structural dominance across offshore service delivery models, with off-site service execution accounting for over 91 percent of overall export transaction volumes. Geographical breakdown analysis highlighted North America as the primary destination holding a 54.1 percent market share, followed by European markets at 31.8 percent and the United Kingdom at 15.4 percent. Macroeconomic analysts and trade policy experts emphasized that steady software export expansion amid global economic realignments underscores the resilience of Indian digital technology platforms, providing a solid foundation for continuous service sector growth and sovereign foreign exchange reserve stability.

U.S. Enterprise Demand Anchors Export Performance

India's software services export trajectory registered steady growth in the 2025–26 fiscal year, expanding 8.2% to reach $221.4 billion. Data from the Reserve Bank of India's Survey on Computer Software and Information Technology Enabled Services Exports: 2025-26—which covered 2,363 responding software firms accounting for nearly 89% of total estimated exports—underlines the persistent demand for Indian tech expertise across global markets. When including services delivered via the overseas commercial presence of Indian affiliates ($17.9 billion), total software exports surged 9.5% to touch $239.3 billion.

Overview: Key Figures from RBI Annual Software Export Survey (FY26)

Export Attribute / SegmentFY26 Value & Percentage ShareYoY Operational Trajectory
Direct Software Exports$221.4 Billion (+8.2%)Excludes sales by foreign affiliates ($17.9B)
Total IT Exports (Inc. Affiliates)$239.3 Billion (+9.5%)Demonstrates expanded international footprint
Top Destination (United States)54.1% Share ($119.7 Billion)Up from 52.9% market share in FY25
Second Destination (Europe / UK)31.8% Share (UK at 15.4%)Maintained strong core enterprise footprint
Computer Services Segment$153.4 Billion (69.3% Share)IT services contributed $147 Billion
ITES / BPO Export Segment$68 Billion (BPO at $56 Billion)Engineering services expanded to $12 Billion
Off-Site Delivery Share91.7% Share ($203 Billion)On-site delivery contracted to 8.3%

Computer Services and ITES Breakdowns

Core computer services remained the single largest driver of overall exports, rising to $153.4 billion and accounting for 69.3% of the total. Within this category, IT services surged to $147 billion, while software product development exports experienced a slight dip to $6.4 billion. Meanwhile, IT-enabled Services (ITES) and Business Process Outsourcing (BPO) reached $68 billion, supported by strong performance in financial and accounting operations alongside engineering services, which rose to $12 billion.

Offshore Preference and Invoicing Trends

The survey highlighted a continued operational preference for remote offshore execution, with off-site service delivery growing to $203 billion—or 91.7% of all exports. On-site execution accounted for the remaining 8.3%, reflecting streamlined remote delivery frameworks and tighter international work authorization regulations. Currency billing patterns remained dominated by the U.S. Dollar, which accounted for 72.6% of total export invoicing, followed by the Euro (9.6%), the Indian Rupee (6.3%), and the British Pound Sterling.