For the 2017-18 round of the survey, 7,434 IT companies were approached, of which 1,546 companies (including most of the large companies) with a share of 81.4 per cent in total software exports during the year responded. Exports of the remaining companies were estimated by imposing the distribution pattern of the reporting companies.
Highlights:
• India’s total exports of software services (excluding exports through overseas commercial presence) increased by 11.6 per cent to US $ 108.4 billion in 2017- 18.
• Computer services remained the dominant component of total exports of software services; there has been a marginal increase in the share of BPO services.
• Exports of software services by private limited companies exceeded those of public limited companies for the first time in the survey’s history.
• USA and Canada together accounted for 60 per cent of exports of software services, followed by Europe, where the UK was the major export destination.
• The US dollar was the invoicing currency for nearly three-fourth of the exports of software services, followed by the euro and the pound sterling.
• The off-site mode remained the preferred mode of delivery; the share of on-site services declined during 2017-18
• The share of exports of software services through the cross-border supply mode increased during the year; other three modes of delivery (viz., consumption abroad; commercial presence; and presence of natural persons) together accounted for 30 per cent.
• Total exports of software services by India (including of services delivered by foreign affiliates of Indian companies, which were mainly present in the US and the UK) during 2017-18 are estimated at US$ 131.3 billion.
