SECTOR UPDATE---> US Bought Nearly $120 Billion of Indian.

A new RBI data point gives investors an important look at where India's IT industry is getting its growth from. In FY26, India's software services exports rose 8.2% to $221.4 billion, while the United States remained by far the largest market, accounting for 54.1% of exports. That means India exported roughly $120 billion of software services to the US alone. For IT investors, this is a number worth watching. ----->🇺🇸 Why Is the US So Important for Indian IT? The US remains the biggest customer for India's IT services industry. When American companies increase spending on: • Cloud • AI & Data • Cybersecurity • Digital transformation • Enterprise software • Technology outsourcing Indian IT companies can potentially benefit through higher deal wins and technology spending. ----->What Should IT Stock Investors Track? ***** IT Spending The US is India's biggest software market. US technology budgets ↑ → Potentially positive for Indian IT US technology budgets ↓ → Potential pressure on Indian IT ***** Spending AI is changing the nature of technology spending. The important question isn't simply: "Is AI good or bad for Indian IT?" Instead, investors need to track whether AI spending is creating: • New transformation projects • Cloud demand • Data work • Cybersecurity demand #FOCUS ON

TCS INFY PERSISTENT BSOFT ---->Bottom Line The US remains the engine room of India's IT-export story. India exported $221.4 billion of software services in FY26, up 8.2%, with the US accounting for 54.1% — roughly $120 billion. For IT investors, this means one thing is especially important: Don't track Indian IT stocks in isolation. Track US technology spending. Watch US corporate IT budgets + AI spending + deal wins + TCV + revenue guidance together.