Financial Daily from THE HINDU group of publications
Tuesday, Dec 28, 2004
Financial Daily from THE HINDU group of publications Tuesday, Dec 28, 2004 |
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Info-Tech
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Software Industry & Economy - Exports & Imports Software exports up 30 pc in first half: ESC Our Bureau
New Delhi , Dec. 27 COMPUTER software exports including IT enabled services is estimated to have touched Rs 35,000 crore during the first six months of 2004-05, registering a growth of 29.63 per cent according to the Electronics and Computer Software Export Promotion Council (ESC). "It is almost certain that the target set for software and services export for the financial year 2004-05 will be met going by the present tempo of export growth. The export figure estimated for the first six months, that is April-September 2004, shows that 44.5 per cent of the target set for the financial year has already been met," according to an ESC statement here. According to its projections, software and ITES exports were pegged at Rs 78,650 crore for the year 2004-05. "That will be 36 per cent higher than the exports achieved during 2003-04. In absolute terms, the export of computer software and services during 2003-04 was Rs 58,000 crore. Significantly, the export achievement for the first six months of 2003-04 was 46.55 per cent, a share higher than the 44.5 per cent estimated to have been achieved in the first half of 2004-05," the statement said.
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