The Reserve Bank of India (RBI) has launched the 2025-26 survey on exports of computer software and information technology-enabled services (ITES). This annual exercise is designed to collect comprehensive data on the export performance of India's software and ITES sector, which is a critical component of the country's economy.
Objectives of the Survey
The primary objective of the survey is to capture detailed information on the export of computer software and ITES, including the nature of services, destinations, and modes of delivery. The data collected will help in analyzing trends, identifying growth drivers, and formulating policies to enhance the sector's global competitiveness. The RBI emphasizes the importance of accurate and timely responses from all eligible entities to ensure the reliability of the survey results.
Scope and Coverage
The survey covers all Indian companies and institutions involved in the export of computer software and ITES. This includes software development, IT consulting, IT support, business process outsourcing (BPO), knowledge process outsourcing (KPO), and other related services. The RBI has urged all eligible exporters to participate in the survey, as their inputs are vital for assessing the sector's contribution to India's balance of payments and overall economic growth.
Data Collection Methodology
Participants are required to submit their data through the RBI's online portal, which is accessible via the central bank's official website. The survey form includes sections on export earnings, client details, service categories, and geographical distribution. The RBI has provided detailed guidelines to assist respondents in filling out the form correctly. The deadline for submission is expected to be announced shortly, and late submissions may attract penalties.
Significance of the Survey
India's software and ITES exports have been a major driver of economic growth, contributing significantly to foreign exchange earnings and employment. The survey results will enable policymakers to identify emerging trends, such as the shift towards artificial intelligence, cloud computing, and other advanced technologies. Additionally, the data will support the government's initiatives like Digital India and Make in India, which aim to boost the country's digital economy.
Previous Survey Insights
The previous survey for 2024-25 indicated robust growth in software exports, with the United States and Europe remaining the largest markets. The survey also highlighted the increasing role of small and medium enterprises (SMEs) in the export ecosystem. The RBI expects the 2025-26 survey to reflect continued expansion, driven by global demand for digital solutions and remote services.
Compliance and Support
The RBI has reminded all entities that participation in the survey is mandatory under the Foreign Exchange Management Act (FEMA). Non-compliance may result in penalties or other regulatory actions. To assist respondents, the RBI has set up a dedicated helpdesk and published frequently asked questions (FAQs) on its website. Companies facing technical issues can contact the support team for guidance.
In conclusion, the launch of the 2025-26 survey underscores the RBI's commitment to maintaining accurate and up-to-date statistics on India's software and ITES exports. The data collected will play a crucial role in shaping the country's trade policies and supporting the growth of this vital sector.
