Business

India’s Software Exports Rise to USD 222 Billion in 2024-25

New Delhi: India’s software exports grew to USD 222 billion in 2024–25, up 11% from USD 200 billion the year before, according to the Electronics and Computer Software Export Promotion Council (ESC). The growth includes exports of computer software, IT-enabled services (ITeS), and BPO operations, highlighting India’s continued dominance in global technology services. 

ESC Chairman Veer Sagar revealed that IT software and services remain the biggest contributors, accounting for USD 147 billion, or 66% of total exports. Engineering services also grew strongly, crossing USD 11 billion with a 13.99% growth rate, making it the fastest‑growing sector this year. BPO services contributed USD 58 billion, remaining an internal part of India’s service‑led export economy. 

The United States continues to be India’s largest software market, importing USD 117.43 billion, roughly 52.9% of all Indian software exports. The United Kingdom remains the second‑largest destination at USD 34.41 billion, followed by Japan, Germany, and the Netherlands. These highly competitive markets, as per ESC leaders, showcase strong global trust in India’s software capabilities. 

In this regard, ESC’s Chairman for Global Outreach, Sandeep Narula, said India’s consistent year‑over‑year performance in the US and UK markets highlights the reliability, quality, and scale of Indian technology companies. He also added that winning and maintaining such large shares in these demanding markets “speaks volumes about what Indian firms deliver”.  

Yashika Aneja

Yashika Aneja is a journalist at Tea4Tech with over five years of experience in reporting and editorial writing. Her work spans technology, environment, education, politics, social media, travel, and lifestyle, with a focus on fact-based reporting and explanatory storytelling. || At Tea4Tech, Yashika contributes original reporting and analysis that adheres to the publication’s editorial standards for accuracy, originality, and responsible journalism. Her reporting is informed by curiosity-driven research and a multidisciplinary approach to news coverage.

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