Slowdown hit, India's software exporters are exploring new markets in the middle east and Africa to increase IT exports by 10 per cent and touch USD 54 billion in the current fiscal.
IT software exports were valued at USD 49.5 billion in 2008-09, which was about 14 per cent more than that in 2007-08.
"We are not expecting much growth in exports in 2009-10 due to the global slowdown," Electronics and Computer Software Export Promotion Council (ESC) Executive Director D K Sareen said. The ESC, however, has set a higher target for growth in electronics hardware exports, he added.
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Friday, July 31, 2009
Software Industry Targets $54 Bn Exports By 2010
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