Survey on Computer Software and Information Technology Enabled Services Exports: 2025-26

Today, the Reserve Bank released the data1 related to the 2025-26 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey2 collects details on India’s exports of software services {computer services and ITES/business process outsourcing (BPO) services} as per type of activity, on-site/off-site nature of services, country of destination and modes of supply.

For 2025-26 round of the survey, 7,569 software export companies were contacted, of which 2,363 companies, including most of the large companies, responded. The participating companies together accounted around 89 per cent of total estimated software services exports3 (Table 1).

Highlights:

The India’s exports of software services (excluding their sales through overseas commercial presence) increased by 8.2 per cent (y-o-y) during 2025-26 to US$ 221.4 billion (Table 2).

Computer services continued to account for over two-thirds of India’s total software services exports during the year; BPO services remained the dominant component of IT enabled services (ITES) exports (Tables 2 and 3).

Private limited companies dominated 2025–26 software exports with 9.3 per cent growth. (Table 4).

The United States of America remained the major software exports destination with a share of 54.1 per cent, followed by European countries (31.8 per cent) where United Kingdom had major share (Table 5).

The US dollar was the principal invoicing currency for India’s software exports, followed by the euro, the rupee, and the pound sterling (Table 6).

Software services exports primarily delivered through off-site mode (91.7 per cent share) (Table 7).

Total software export services, including services delivered by foreign affiliates of Indian companies, increased by 9.5 per cent during 2025-26 and stood at US$ 239.3 billion (Tables 8)

The local software business by foreign affiliates of Indian companies increased to US$ 17.9 billion in 2025-26 from US$ 13.9 billion in the previous year, with the USA and the UK remained the major destinations (Tables 9 and 10).

Ajit Prasad

Deputy General Manager

(Communications)

Press Release: 2026-2027/1147

Table 1: Survey Response and Final Estimates for 2025-26 – A Snapshot

Item Reported Final Estimates

₹ crore US$ billion ₹ crore US$ billion

1 2 3 4 5

1. Number of companies 2,363 7,569

2. Total Exports of Software Services 17,40,022 196.9 19,55,947 221.4

2.1 IT Services 11,72,848 132.7 12,99,085 147.0

2.2 Software Product Development 49,477 5.6 56,549 6.4

2.3 BPO Services 4,22,882 47.9 4,94,658 56.0

2.4 Engineering Services 94,815 10.7 1,05,655 12.0

3. Total Exports of Software Services including commercial presence 18,98,114 214.8 21,14,039 239.3

3.1 Mode 1 (cross-border supply) 15,92,853 180.3 17,90,515 202.7

3.2 Mode 2 (consumption abroad) 2,180 0.2 2,451 0.3

3.3 Mode 3 (commercial presence) 1,58,092 17.9 1,58,092 17.9

3.4 Mode 4 (presence of natural person) 1,44,989 16.4 1,62,981 18.4

Notes:

1. The sum of components may differ from total due to rounding off.

2. The amount in US$ terms is arrived at by using annual average rupee/ dollar exchange rate.

3. These are also applicable for the remaining tables.

Table 2: Software Services Exports from India

Activity 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

A. Computer Services 11,68,299 138.1 67.4 13,55,634 153.4 69.3

of which:

i) IT Services 11,10,640 131.3 64.1 12,99,085 147.0 66.4

ii) Software Product Development 57,659 6.8 3.3 56,549 6.4 2.9

B. IT Enabled Services 5,63,172 66.6 32.6 6,00,313 68.0 30.7

of which:

i) BPO Services 4,71,690 55.8 27.3 4,94,658 56.0 25.3

ii) Engineering Services 91,482 10.8 5.3 1,05,655 12.0 5.4

Total Export of Software Services (A+B) 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 3: Industry-wise Distribution of ITES Services Exports

Activity 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

A. BPO Services 4,71,690 55.8 83.8 4,94,658 56.0 82.4

(i) Business consulting services including public relations services 31,641 3.8 5.7 35,121 4.0 5.9

(ii) Finance and accounting auditing bookkeeping and tax consulting services 69,245 8.2 12.3 69,747 8.0 11.6

(iii) HR administration 2,733 0.3 0.5 1,979 0.2 0.3

(iv) Supply chain and other management services/ logistics 6,464 0.8 1.2 8,904 1.0 1.5

(v) Medical transcription and document management 1,110 0.1 0.1 1,978 0.2 0.3

(vi) Content development and management and publishing 2,863 0.3 0.5 3,957 0.4 0.7

(v) Other BPO services 3,57,634 42.3 63.5 3,72,972 42.2 62.1

B. Engineering Services 91,482 10.8 16.2 1,05,655 12.0 17.6

(i) Embedded solutions 15,861 1.8 2.7 17,856 2.0 3.0

(ii) Product design engineering (mechanical electronics excluding software) 14,934 1.8 2.7 25,674 3.0 4.3

(iii) Industrial automation and enterprise asset management 2,121 0.3 0.4 106 - -

(iv) Other engineering services 58,566 6.9 10.4 62,019 7.0 10.3

Total (A+B) 5,63,172 66.6 100.0 6,00,313 68.0 100.0

Table 4: Organisation-wise Distribution of Software Services Exports

Types of Organisations 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

Private Limited Company 10,41,570 123.1 60.1 11,89,216 134.6 60.8

Public Limited Company 6,52,957 77.2 37.7 7,21,744 81.7 36.9

Others# 36,944 4.4 2.2 44,987 5.1 2.3

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

# Others mostly include LLPs and proprietor firms.

Table 5: Software Services Exports – Major Destination

Region 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

United States of America 9,16,010 108.3 52.9 10,57,968 119.7 54.1

Canada 22,931 2.7 1.3 26,693 3.0 1.3

Europe 5,68,121 67.2 32.8 6,21,480 70.3 31.8

of which:

United Kingdom 2,68,868 31.8 15.5 3,00,642 34.0 15.4

Asia 1,10,019 13.0 6.4 1,22,392 13.9 6.3

of which:

East Asia 91,296 10.8 5.3 1,04,102 11.8 5.3

West Asia 16,014 1.9 0.9 17,022 2.0 0.9

South Asia 2,709 0.3 0.2 1,268 0.1 0.1

Australia & New Zealand 42,321 5.0 2.4 48,838 5.5 2.5

Other countries 72,069 8.5 4.2 78,576 9.0 4.0

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 6: Software Services Exports - Currency Composition of Invoice

Currency 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

USD 12,46,363 147.4 72.0 14,20,017 160.7 72.6

EUR 1,66,790 19.7 9.6 1,87,771 21.3 9.6

INR 1,23,120 14.5 7.1 1,23,225 14.0 6.3

GBP 1,03,910 12.3 6.0 1,17,357 13.3 6.0

AUD 33,824 4.0 2.0 39,119 4.4 2.0

Other Currencies 57,464 6.8 3.3 68,458 7.7 3.5

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 7: Software Services Exports – Type of Services

Type of Services 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

On-site Services 1,60,769 19.0 9.3 1,62,981 18.4 8.3

Off-site Services 15,70,702 185.7 90.7 17,92,966 203.0 91.7

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 8: Mode-wise Exports of Software Services

Type of Mode 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

Mode 1 (cross-border supply) 15,68,256 185.4 84.8 17,90,515 202.7 84.7

Mode 2 (consumption abroad) 2,446 0.3 0.1 2,451 0.3 0.1

Mode 3 (commercial presence) 1,17,339 13.9 6.4 1,58,092 17.9 7.5

Mode 4 (presence of natural person) 1,60,769 19.0 8.7 1,62,981 18.4 7.7

Total 18,48,810 218.6 100.0 21,14,039 239.3 100.0

Table 9: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Activity Distribution

(Amount in ₹ crore)

Activity Locally* To India Other Countries

1 2 3 4

IT Services 26,828 2,612 3,245

Software Product Development 679 34 130

BPO Services 13,525 128 11,268

Engineering Services 6,238 21 1,381

Other Services 1,10,822 30,217 26,493

Total (₹ crore) 1,58,092 33,012 42,517

Total (US$ billion) 17.9 3.7 4.8

*Software business by foreign affiliates of Indian companies “locally” indicates Mode-3 (commercial presence).

Table 10: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Country Distribution

(Amount in ₹ crore)

Country Share in Total Software business by foreign affiliates (%) Software business by foreign affiliates

Locally To India Other Countries

1 2 3 4 5

United States of America 42.2 67,453 23,305 7,847

United Kingdom 9.0 17,539 468 3,068

Germany 8.2 14,329 292 4,560

Canada 8.0 15,248 1,964 1,481

Netherlands 7.0 7,282 2,604 6,510

Singapore 5.6 10,065 701 2,302

Other Countries 20.0 26,176 3,678 16,749

Total (₹ crore) 100.0 1,58,092 33,012 42,517

Total (US$ billion) - 17.9 3.7 4.8

1 The previous data release in the series, covering 2024-25 survey round, was published on November 04, 2025, on the RBI website.

2 The survey schedule is given in the Annex.

3 Exports of relatively small non-responding companies have been estimated as per the methodology published in the article titled ‘Survey on Computer Software and Information Technology Enabled Services Exports, 2016-17’ in March 2018 issue of the Reserve Bank of India Bulletin.

Highlights:

The India’s exports of software services (excluding their sales through overseas commercial presence) increased by 8.2 per cent (y-o-y) during 2025-26 to US$ 221.4 billion (Table 2).

Private limited companies dominated 2025–26 software exports with 9.3 per cent growth. (Table 4).

The US dollar was the principal invoicing currency for India’s software exports, followed by the euro, the rupee, and the pound sterling (Table 6).

Software services exports primarily delivered through off-site mode (91.7 per cent share) (Table 7).

Total software export services, including services delivered by foreign affiliates of Indian companies, increased by 9.5 per cent during 2025-26 and stood at US$ 239.3 billion (Tables 8)

Ajit Prasad

Deputy General Manager

(Communications)

Press Release: 2026-2027/1147

Table 1: Survey Response and Final Estimates for 2025-26 – A Snapshot

Item Reported Final Estimates

₹ crore US$ billion ₹ crore US$ billion

1 2 3 4 5

1. Number of companies 2,363 7,569

2. Total Exports of Software Services 17,40,022 196.9 19,55,947 221.4

2.1 IT Services 11,72,848 132.7 12,99,085 147.0

2.2 Software Product Development 49,477 5.6 56,549 6.4

2.3 BPO Services 4,22,882 47.9 4,94,658 56.0

2.4 Engineering Services 94,815 10.7 1,05,655 12.0

3. Total Exports of Software Services including commercial presence 18,98,114 214.8 21,14,039 239.3

3.1 Mode 1 (cross-border supply) 15,92,853 180.3 17,90,515 202.7

3.2 Mode 2 (consumption abroad) 2,180 0.2 2,451 0.3

3.3 Mode 3 (commercial presence) 1,58,092 17.9 1,58,092 17.9

3.4 Mode 4 (presence of natural person) 1,44,989 16.4 1,62,981 18.4

Notes:

1. The sum of components may differ from total due to rounding off.

2. The amount in US$ terms is arrived at by using annual average rupee/ dollar exchange rate.

3. These are also applicable for the remaining tables.

Table 2: Software Services Exports from India

Activity 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

A. Computer Services 11,68,299 138.1 67.4 13,55,634 153.4 69.3

of which:

i) IT Services 11,10,640 131.3 64.1 12,99,085 147.0 66.4

ii) Software Product Development 57,659 6.8 3.3 56,549 6.4 2.9

B. IT Enabled Services 5,63,172 66.6 32.6 6,00,313 68.0 30.7

of which:

i) BPO Services 4,71,690 55.8 27.3 4,94,658 56.0 25.3

ii) Engineering Services 91,482 10.8 5.3 1,05,655 12.0 5.4

Total Export of Software Services (A+B) 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 3: Industry-wise Distribution of ITES Services Exports

Activity 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

A. BPO Services 4,71,690 55.8 83.8 4,94,658 56.0 82.4

(i) Business consulting services including public relations services 31,641 3.8 5.7 35,121 4.0 5.9

(ii) Finance and accounting auditing bookkeeping and tax consulting services 69,245 8.2 12.3 69,747 8.0 11.6

(iii) HR administration 2,733 0.3 0.5 1,979 0.2 0.3

(iv) Supply chain and other management services/ logistics 6,464 0.8 1.2 8,904 1.0 1.5

(v) Medical transcription and document management 1,110 0.1 0.1 1,978 0.2 0.3

(vi) Content development and management and publishing 2,863 0.3 0.5 3,957 0.4 0.7

(v) Other BPO services 3,57,634 42.3 63.5 3,72,972 42.2 62.1

B. Engineering Services 91,482 10.8 16.2 1,05,655 12.0 17.6

(i) Embedded solutions 15,861 1.8 2.7 17,856 2.0 3.0

(ii) Product design engineering (mechanical electronics excluding software) 14,934 1.8 2.7 25,674 3.0 4.3

(iii) Industrial automation and enterprise asset management 2,121 0.3 0.4 106 - -

(iv) Other engineering services 58,566 6.9 10.4 62,019 7.0 10.3

Total (A+B) 5,63,172 66.6 100.0 6,00,313 68.0 100.0

Table 4: Organisation-wise Distribution of Software Services Exports

Types of Organisations 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

Private Limited Company 10,41,570 123.1 60.1 11,89,216 134.6 60.8

Public Limited Company 6,52,957 77.2 37.7 7,21,744 81.7 36.9

Others# 36,944 4.4 2.2 44,987 5.1 2.3

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

# Others mostly include LLPs and proprietor firms.

Table 5: Software Services Exports – Major Destination

Region 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

United States of America 9,16,010 108.3 52.9 10,57,968 119.7 54.1

Canada 22,931 2.7 1.3 26,693 3.0 1.3

Europe 5,68,121 67.2 32.8 6,21,480 70.3 31.8

of which:

United Kingdom 2,68,868 31.8 15.5 3,00,642 34.0 15.4

Asia 1,10,019 13.0 6.4 1,22,392 13.9 6.3

of which:

East Asia 91,296 10.8 5.3 1,04,102 11.8 5.3

West Asia 16,014 1.9 0.9 17,022 2.0 0.9

South Asia 2,709 0.3 0.2 1,268 0.1 0.1

Australia & New Zealand 42,321 5.0 2.4 48,838 5.5 2.5

Other countries 72,069 8.5 4.2 78,576 9.0 4.0

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 6: Software Services Exports - Currency Composition of Invoice

Currency 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

USD 12,46,363 147.4 72.0 14,20,017 160.7 72.6

EUR 1,66,790 19.7 9.6 1,87,771 21.3 9.6

INR 1,23,120 14.5 7.1 1,23,225 14.0 6.3

GBP 1,03,910 12.3 6.0 1,17,357 13.3 6.0

AUD 33,824 4.0 2.0 39,119 4.4 2.0

Other Currencies 57,464 6.8 3.3 68,458 7.7 3.5

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 7: Software Services Exports – Type of Services

Type of Services 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

On-site Services 1,60,769 19.0 9.3 1,62,981 18.4 8.3

Off-site Services 15,70,702 185.7 90.7 17,92,966 203.0 91.7

Total 17,31,471 204.7 100.0 19,55,947 221.4 100.0

Table 8: Mode-wise Exports of Software Services

Type of Mode 2024-25 2025-26

₹ crore US$ billion Share (%) ₹ crore US$ billion Share (%)

1 2 3 4 5 6 7

Mode 1 (cross-border supply) 15,68,256 185.4 84.8 17,90,515 202.7 84.7

Mode 2 (consumption abroad) 2,446 0.3 0.1 2,451 0.3 0.1

Mode 3 (commercial presence) 1,17,339 13.9 6.4 1,58,092 17.9 7.5

Mode 4 (presence of natural person) 1,60,769 19.0 8.7 1,62,981 18.4 7.7

Total 18,48,810 218.6 100.0 21,14,039 239.3 100.0

Table 9: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Activity Distribution

(Amount in ₹ crore)

Activity Locally* To India Other Countries

1 2 3 4

IT Services 26,828 2,612 3,245

Software Product Development 679 34 130

BPO Services 13,525 128 11,268

Engineering Services 6,238 21 1,381

Other Services 1,10,822 30,217 26,493

Total (₹ crore) 1,58,092 33,012 42,517

Total (US$ billion) 17.9 3.7 4.8

*Software business by foreign affiliates of Indian companies “locally” indicates Mode-3 (commercial presence).

Table 10: Software Business by Foreign Affiliates of Indian Companies during 2025-26 ─ Country Distribution

(Amount in ₹ crore)

Country Share in Total Software business by foreign affiliates (%) Software business by foreign affiliates

Locally To India Other Countries

1 2 3 4 5

United States of America 42.2 67,453 23,305 7,847

United Kingdom 9.0 17,539 468 3,068

Germany 8.2 14,329 292 4,560

Canada 8.0 15,248 1,964 1,481

Netherlands 7.0 7,282 2,604 6,510

Singapore 5.6 10,065 701 2,302

Other Countries 20.0 26,176 3,678 16,749

Total (₹ crore) 100.0 1,58,092 33,012 42,517

Total (US$ billion) - 17.9 3.7 4.8

1 The previous data release in the series, covering 2024-25 survey round, was published on November 04, 2025, on the RBI website.

2 The survey schedule is given in the Annex.