Software Industry and Exports
Software Industry and Exports India's export of software services stood at US$ 128.6 billion during 2019-20, registering 9.1% growth over the previous year. Exports of computer services and ITES/BPO services contributed 66.6 per cent and 33.4%, respectively, of the total software services exports. The IT & Electronics industry is one of the fastest-growing industries in India, both in terms of production and export. In fact, software development and IT-enabled services have made India’s brand equity a force to reckon with. Information Technology and Business process management (IT-BPM) industry revenue grew 7% y-o-y to reach US$ 191 billion i