12 years of govt: Share of services sector in total exports jumps to 49% in FY26

New Delhi, The share of the services sector in India's total exports rose from 33.8 per cent in 2014-15 to 48.8 per cent in 2025-26, driven by the rapid expansion of the IT sector, growth in global capability centres (GCCs), and a post-pandemic shift towards digital delivery of services.

According to the commerce ministry data, the exports surged from $158.1 billion in 2014-15 to $421.3 billion in 2025-26.

The country's total exports (goods and services together) increased from $468 billion in 2014-15 to $863 billion in 2025-26, the data showed.


Over the last 12 years, the services exports recorded robust growth since 2014-15, except in 2020-21 when they were affected by the COVID-19 pandemic.

Software services, accounting for over 40 per cent of total services exports, remain the primary growth driver. Professional and management consulting emerged as the second-largest contributor.

"Services exports grew with a Compound Annual Growth Rate (CAGR) of 9.3 per cent in the last 12 years," the ministry said.

Goods shipments too surged from $310 billion in 2014-15 to $442 billion in 2025-26.

Listing out achievements of the 12 years of the Narendra Modi-led NDA government, the ministry said it has taken a series of measures for trade facilitation.

It includes simplification of 47 processes; automated FTP (foreign trade policy) processes; auto-validated Importer Exporter Code issuance; and launch of export promotion mission.