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How Indian IT Services Are Reshaping Global Trade
India's IT services sector is quietly reshaping global trade in 2026. With the Bank of Japan hiking rates to 1% and China's economy weakening, multinational corporations are diversifying their tech supply chains. Lucas and Luna examine how Indian IT firms are capturing a larger share of global services exports, the impact of digital services trade on current account balances, and whether this shift is sustainable. Specific data points: India's IT exports hit $200 billion in fiscal 2025-26; the trade-weighted US dollar index at 119.5; and the yen's depreciation to 160 per…
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