• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , April 13

THE share of the information technology (IT) sector in the country's gross domestic product (GDP) is expected to touch 4.1 per cent during 2004-05.

"The success achieved by this sector can be gauged by the fact that its share of national economic output has nearly trebled from 1.2 per cent in 1997-98 to 3.5 per cent in 2003-04. It is estimated to grow at 30 per cent during 2004-05, accounting for about 4.1 per cent of the national gross domestic product," the IT and Communications Minister, Mr Dayanidhi Maran, said after presenting the Dewang Mehta Award for innovation in IT to NIIT's Chief Scientist, Dr Sugata Mitra.

He said that double digit growth figures, which were now part of the software-ITES industry, helped the sector touch $22.7 billion in 2004-05, making it one of the high momentum and high potential segments within the Indian economy. "The software and ITES sector has recorded a compounded annual growth rate of 32 per cent over the last five years," he added.

The award has been conferred on Dr Mitra in recognition of his achievement in the discovery of the pedagogy, science and technology of minimally invasive education.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Aptech order book at Rs 140 cr

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line