Technology

Service exports are powering India’s global growth story. It’s time to recognise the businesses behind it.

Indian Service Exports Power Global Growth

A staggering 10% of India’s GDP now comes from services exported abroad, with companies like Infosys and Wipro leading the charge in the global IT outsourcing market. But there’s more to India’s export story than just software and IT services – a new generation of startups and businesses is emerging, leveraging AI, SaaS, and EdTech to drive growth worldwide.

From IT to EdTech and Beyond

The Payoneer India Cross-Border Excellence Awards 2026 are shining a spotlight on these innovators, highlighting businesses that are exporting expertise, innovation, and digital capabilities to every corner of the globe. The awards, now in their inaugural year, showcase a diverse range of winners, from IT and AI to Managed Services and EdTech. Take, for instance, the winner of the EdTech category, Toppr, a Mumbai-based startup that’s revolutionizing online learning for students worldwide.

What This Means

India’s growing service exports are a testament to the country’s increasingly digital economy. As the global demand for digital services continues to rise, Indian businesses are well-positioned to capture a significant share of this market. For consumers, this means access to high-quality, affordable services, from online education to cutting-edge IT solutions. For entrepreneurs, it presents a wealth of opportunities to tap into a global market and drive growth through innovation and expertise.

The Indian government has already taken notice of the country’s growing service exports, with initiatives aimed at promoting the sector and encouraging businesses to go global. But as the service sector continues to drive growth and innovation, it’s time to recognize the businesses behind it – the innovators, entrepreneurs, and trailblazers who are pushing the boundaries of what’s possible.

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