Technology

Economic Survey: $151.7 billion services surplus cushions 61% of trade deficit as software, AI talent power GCC boom

January 31, 2026 0 views 1 min read
Economic Survey: $151.7 billion services surplus cushions 61% of trade deficit as software, AI talent power GCC boom
While the US remains India’s top software export market, its share slid to 52.9% in FY25 from 54.1% in FY24, even as Europe’s share rose to 32.8%, reflecting India’s growing role as a global GCC hub, with centres expanding at a 7% CAGR since FY20, the Survey said.

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