Export Destinations

The USA, UK and EU remain the major markets for the IT software and services exports, accounting for ~90% of the total IT-ITeS exports, however, there are new challenges surfacing in these traditional geographies. Demands from Asia Pacific (APAC), Latin America and Middle East Asia is growing and new opportunities are emerging for expanding in continental Europe, Japan, China and Africa. The estimated share of export markets in FY2017-18 is given in figure 5.