IT-ITes revenue over Rs. 21,56,500 crore (US$ 250 billion), exports account for Rs. 17,25,200 crore (US$ 200 billion): STPI DG
- IBEF
- March 20, 2025
India's IT and IT-enabled services (ITeS) sector has exceeded Rs. 21,56,500 crore (US$ 250 billion) in revenue, with exports contributing Rs. 17,25,200 crore (US$ 200 billion), a senior government official stated on Wednesday. Speaking at the inaugural session of Indiasoft 2025 and India Electronics Expo, Software Technology Parks of India (STPI) Director General Mr. Arvind Kumar highlighted the industry's remarkable growth from Rs. 172.52 crore (US$ 20 million) in FY93. He credited the Electronics and Computer Software Export Promotion Council for its significant role in driving exports. He noted that India has built a vast tech ecosystem, with 1,58,000 registered start-ups, including 78,000 in the technology domain. The country also facilitates 18 billion monthly transactions through the Unified Payments Interface (UPI), demonstrating the scale achieved in the software sector.
He emphasised India's focus on emerging technologies such as artificial intelligence, quantum computing, and semiconductors, aiming to replicate this growth across new industries. He stated that multiple ministries, including STPI, actively support start-ups and innovation. Over 50% of start-ups originate from tier-II and tier-III cities, and over half are led by women, reflecting inclusive growth. He reiterated that the government encourages entrepreneurship and technological advancements to strengthen India's position as a global IT powerhouse.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Partners
