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ING: India's software services exports have risen to ~5.2% of GDP from 3.3% before the pandemic, as AI pushes the country's IT industry toward higher-value work (Anup Roy/Bloomberg)
India's software services exports have increased significantly, rising to approximately 5.2% of GDP from 3.3% before the pandemic. This growth is attributed to artificial intelligence, which is driving the country's IT industry towards more high-value work. The outsourcing sector in India is reportedly not losing ground to AI, indicating a positive shift in its operational focus.
This report from ING provides specific figures, showing India's software services exports rising from 3.3% to 5.2% of GDP, unlike general statements about AI's impact.
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