Department of Information Technology has projected over 28 per cent rise (in dollar terms) in the total value of software and services exports in 2007-08.
In 2007-08, the software and services industry continues to show a robust growth and the total value of software and services exports are estimated at Rs 163,000 crore (USD 40.3 billion) compared to Rs 141,000 crore (USD 31.4 billion) in 2006-07, an increase of 15.6 per cent in rupee terms and 28.3 per cent in dollar terms, DIT said in its estimate.
The electronics and IT exports are estimated to be Rs 1,75,700 crore compared to Rs 1,53,500 crore in 2006-07, showing a growth of a 14.5 per cent, it said.
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Showing posts with label Bangalore Software Industry. Show all posts
Showing posts with label Bangalore Software Industry. Show all posts
Monday, July 28, 2008
Software exports to cross $40 bn in ‘07-08: Govt
Wednesday, June 25, 2008
Bangalore's software exports to touch $13.5 billion
BANGALORE: Unperturbed by the US economic recession, the software exports from Bangalore is expected to touch 13.5 billion dollars for the current fiscal.
Talking to ANI, Karnataka Principal Secretary for Information Technology, Biotechnology and Science and Technology, Ashok Kumar C. Manoli said that Bangalore was the favored Information Technology (IT) destination and would expect to reach 60 billion dollars of software exports by 2010.
"Two committees have been formed under Infosys chairman and mentor NR Naryana Murthy and Biocon chief Kiran Majumdar Shaw to review the state IT and BT policy," Manoli added.
It may be recalled here that Narayana Murthy recently said that Pune would take over Bangalore in software exports soon.
According to him, 116 IT companies have been added to a total of 2000 IT companies.
"Bangalore has 248 Business Process Outsourcing (BPOs) and 183 bio-technology companies with a work force of 5.5 lakhs techies," he said.
Manoli further said that the BJP Government-led by Chief Minister B.S Yeddyurappa had announced a separate policy for Bangalore in their election manifesto and this has consolidated their vote share and won 18 MLAs from Bangalore.
Source : http://economictimes.indiatimes.com/
Talking to ANI, Karnataka Principal Secretary for Information Technology, Biotechnology and Science and Technology, Ashok Kumar C. Manoli said that Bangalore was the favored Information Technology (IT) destination and would expect to reach 60 billion dollars of software exports by 2010.
"Two committees have been formed under Infosys chairman and mentor NR Naryana Murthy and Biocon chief Kiran Majumdar Shaw to review the state IT and BT policy," Manoli added.
It may be recalled here that Narayana Murthy recently said that Pune would take over Bangalore in software exports soon.
According to him, 116 IT companies have been added to a total of 2000 IT companies.
"Bangalore has 248 Business Process Outsourcing (BPOs) and 183 bio-technology companies with a work force of 5.5 lakhs techies," he said.
Manoli further said that the BJP Government-led by Chief Minister B.S Yeddyurappa had announced a separate policy for Bangalore in their election manifesto and this has consolidated their vote share and won 18 MLAs from Bangalore.
Source : http://economictimes.indiatimes.com/
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