What moves on this corridor.
India exports → EU
USD 18B+ in software products and digital services annually — B2B SaaS (ERP, CRM, HR, finance), digital commerce platforms, cybersecurity software, AI/ML tools and platforms, mobile applications, gaming software, educational technology (EdTech), healthcare IT (HealthTech), fintech products (payment processing, lending, insurance tech)
Top India states: Karnataka (Bangalore — India's SaaS capital, 400+ SaaS companies), Maharashtra (Mumbai/Pune — fintech, enterprise software), Telangana (Hyderabad — enterprise tech, AI), Tamil Nadu (Chennai — gaming, e-commerce tech), NCR Delhi (edtech, healthtech, B2G tech)
EU exports → India
EUR 4.2B annually — enterprise software licences (SAP ERP, Oracle, Salesforce — India operations); cloud services (AWS Europe, Azure, Google Cloud EU region services for India operations); cybersecurity platforms; digital marketing technology; streaming and media platforms; e-commerce infrastructure (Shopify, Magento EU licence)
Top EU buyers: Germany (B2B SaaS, ERP, manufacturing tech), Netherlands (logistics tech, fintech, e-commerce), France (retail tech, luxury e-commerce), Sweden (gaming, edtech, cleantech SaaS), Ireland (Dublin — EU tech hub for US companies — secondary buyer of India tech)
Growth rate
+25% CAGR India software products (2019–2024) · SaaS specifically +35% CAGR · AI-first products at +45% CAGR · EdTech post-COVID consolidation with renewed EU market entry
FTA duty impact
Software products delivered digitally: 0% duty (WTO Moratorium on Electronic Transmissions — renewed at WTO MC13). Software on physical media: 0% (ITA). EU AI Act compliance is the primary market entry requirement, not tariffs. India-EU FTA services chapter formalises Mode 1 digital services delivery framework.