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India's IT services exports top $150 billion for the first time, US and UK are biggest buyers


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India's software-related services industry won over $150 billion for the first time in 2021–2022, according to the nation's Reserve Bank (RBI).…

In data released late last week, the RBI found that the industry's revenues rose by 17.2 percent in the period covered.

The United States and Canada were the top destinations for software exports with $86.9 billion, or 55.5 per cent share. Europe racked up $48.6 billion of spending on services delivered from India, with the UK responsible for $23.3 billion of that.


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