USD 133.7 billion India's exports of software services (excluding exports through commercial presence) are estimated at USD 133.7 billion during 2020-21, registering 4% growth over the previous year12. Computer services and ITES contributed 65.3% and 34.7%, respectively, of the total software services exports1. Total exports of software services, including services delivered by foreign affiliates of Indian companies, increased by 15.9% during 2021-22 and stood at $ 171.9 billion; local software business by foreign affiliates stood at $15.2 billion, with the United States being the major destination