CONNECT WITH US
Fintech

Fintech

Foreign subsidiaries in India export Rs 23.76 lakh crore in FY26; services contribute 74%: RBI Census

ET BFSI Fintech logo

Published on

Add as a preferred source on Google
Foreign subsidiaries in India export Rs 23.76 lakh crore in FY26; services contribute 74%: RBI Census

Foreign subsidiaries in India export Rs 23.76 lakh crore in FY26; services contribute 74%: RBI Census

Exports reported by foreign subsidiary companies operating in India rose 14.3% year-on-year to Rs 23.76 lakh crore in FY26, with services accounting for nearly three-fourths of the total. Telecommunications, computing and information services alone contributed more than half of the exports.

Exports by foreign subsidiaries increased from Rs 20.79 lakh crore in FY25 to Rs 23.76 lakh crore in FY26.

Services accounted for Rs 17.63 lakh crore, or 74.2%, of total exports.

Telecommunications, computing and information services contributed Rs 12.26 lakh crore, or 51.6%, of the total.

Exports reported by foreign subsidiary companies operating in India increased 14.3% year-on-year to Rs 23.76 lakh crore in 2025-26, with services accounting for 74.2% of the total, according to the Reserve Bank of India's annual Census on Foreign Liabilities and Assets of Indian Direct Investment Entities. Exports by these companies stood at Rs 20.79 lakh crore in 2024-25. Of the 27,373 foreign subsidiaries covered in the census, 17,443 reported exports during FY26. Services accounted for Rs 17.63 lakh crore of the total exports, compared with Rs 15.30 lakh crore in the previous financial year. The segment contributed 74.2% of the total exports reported by foreign subsidiaries. Advt

Within services, telecommunications, computer programming, consultancy, computing infrastructure and other information service activities accounted for the largest share. 6% of the total exports reported by foreign subsidiaries. 45 lakh crore, while wholesale and retail trade accounted for Rs 50,011 crore.



Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.