US Accounts For Over Half Of India’s Software Exports In FY26 As IT Services Shipments Rise To $119.7 Billion

The US remained India’s largest market for software services in FY26, accounting for over half of exports at $119.7 billion, according to RBI data. India’s overall software exports grew 8.2% to $221.4 billion, led by IT services. The UK retained its second position despite a marginal decline in share