Services Exports Hit Record USD 421.3 Billion in FY 2025-26

India’s services exports have touched a record high of USD 421.3 billion in FY 2025-26. It reflects the country’s growing strength in the global services economy. This strong performance was driven by sustained demand for information technology, business consulting, financial services, healthcare, and professional services which is reinforcing India’s position as one of the world’s leading exporters of services.

Moreover, the latest figures highlight the resilience of India’s services trade, which continues to play a crucial role in boosting economic growth and supporting the country’s overall export performance. Government initiatives to enhance digital infrastructure, simplify trade policies, and increase global market access have helped Indian businesses remain competitive despite economic uncertainties.

In addition, India’s expanding network of service providers has been instrumental in achieving this milestone. Companies in the information technology, engineering, financial services, logistics, and healthcare sectors have successfully tapped into overseas markets by delivering high-quality and cost-effective solutions. Their ability to adapt to evolving customer requirements has boosted India’s reputation as a reliable global services hub.

Additionally, the country’s diverse service sectors have contributed significantly to export growth. Along with software and IT-enabled services, industries including tourism, education, legal services, fintech, and research & development have witnessed steady international demand. This diversification has reduced reliance on a single segment and enhanced the resilience of India’s services ecosystem.

According to Experts, sustained investments in digital innovation, skill development, and international trade partnerships will further escalate India’s services exports in the upcoming years. As global demand for knowledge-based and technology-driven solutions continues to increase, India is well-positioned to boost its leadership in the global services market along with supporting economic growth and employment.