India’s IT exports to hit $210 billion by FY25; captures 18% of global IT outsourcing spend: HSBC report

India’s IT exports are likely to be $210 billion in the 2024-25 financial year, which is 18% of total global IT outsourcing spending, according to a recent HSBC Global Research report. Over the past decade, India’s IT exports saw a nearly twofold increase, securing an additional five percentage points of the global outsourced IT spending, rising to 18% this fiscal from 13% during the 2015-16 financial year.