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Our Bureau

Hyderabad , April 26

Andhra Padesh has recorded total IT exports of Rs 12,500 crore during 2005-2006, reflecting a growth of about 51 per cent from Rs 8,270 crore last year.

While the country's overall IT exports crossed the magical Rs 1,00,000 mark registering Rs 1,00,809 crore during 2005-2006, the State recorded a growth rate of 51 per cent, which was among the highest compared to the other States.

While Karnataka (Rs 37,500 crore) and Maharashtra (Rs 15,500 crore) registered a growth rate of 34 per cent, Tamil Nadu registered a 29 per cent growth rate (Rs 13,900 crore).

In a statement today, the AP Chief Minister, Dr Y.S. Rajasekhara Reddy, complimented the State officials for the IT exports and said the growth of 51 per cent needs to be complimented given the overall growth of 36 per cent.

The Government is determined to transform Andhra Pradesh into a prime investment destination and the fastest growing economy in the country, the Chief Minister said.

The Chief Minister reviewed the report of the Union Ministry of IT&C and urged officials to keep the pace with the sector's growth.

More Stories on : Exports & Imports | Andhra Pradesh

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