Pakistan, July 9 -- Pakistan's software services exports have achieved a historic milestone by crossing $1 billion in just 11 months of the current financial year (July 2024 to May 2025), marking a significant 27.4% increase compared to $793 million during the same period last year. This growth highlights the consistent expansion of Pakistan's IT industry on the global stage, according to data released by the State Bank of Pakistan (SBP).

Overall, the combined exports of IT and Information Technology Enabled Services (ITeS) reached $3.47 billion during the 11-month period. Among these, software consultancy services contributed the largest share of 29.1%, underscoring their central role in driving the sector's export growth. Other notable...