Software services export grows to $205.2 bn in FY24, US major destination

India’s total exports of software services, including services delivered by foreign affiliates of Indian companies, increased to $ 205.2 billion during 2023-24 from $ 200.6 billion in the previous fiscal, according to a Reserve Bank survey.

India’s exports of software services (excluding their sales through overseas commercial presence) increased by 2.8 per cent during 2023-24 to $ 190.7 billion, according to the data related to the 2023-24 round of RBI annual survey on computer software and information technology enabled-services (ITES) exports.