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In the financial year 2025, the total revenue generated by IT industry exports from India was at *** billion U.S. dollars. It was almost doubled in comparison with the *** billion dollars in 2016. During the presented period, there was a constant increase in the export value despite the impact of the coronavirus pandemic. 

IT industry in India

IT products and services are arguably one of the most important exports of India. In the financial year 2025, it accounted for *** percent of the country’s GDP. India’s IT sector started to bloom in the 1990s, after the government introduced a new software policy to build proper infrastructure for software development in the country. The sector has mostly been an outfacing industry, with a reputation for high-quality outsourcing services. IT services were the leading types of IT exports, with an export value of *** billion dollars in 2024.

Tata Consultancy Services

Of all the IT services and consulting companies in India, Tata Consultancy Services has been the most successful, with a market capitalization of more than ** trillion Indian rupees. It was founded in 1968, as part of the Tata Sons. After going public in 2004, it became the most important subsidiary of the Tata Group. It employs more than half a million people and operates in more than 50 countries. More than a third of its revenue comes from the banking, financial services, and insurance industries.