The Hindu Business Line : IT exports from AP poised to cross Rs 25,000 cr

Hyderabad, Feb. 24 IT exports from Andhra Pradesh for 2007-08 are poised to cross the Rs 25,000-crore mark, up from Rs 18,500 crore recorded last fiscal, according to Hyderabad Software Exporters Association (HYSEA).

The growth of over 30 per cent is possible due to the all-round development and growth in exports across the IT and BPO segments, Dr Anil Jampala, President of Hysea, said.

Addressing a press conference here on Sunday to announce the 16th annual day awards here, Dr Jampala said that the small and medium industries are concerned about the issue of extension of tax concessions under the STPI scheme beyond 2009 and that they are also looking at the Sovereign Fund, which would help SMEs get over the rupee-dollar concerns.

Dr Jampala said the Government has agreed to offer land at Kokapet near Hyderabad for a special economic zone.

More Stories on : Exports & Imports | Software | Andhra Pradesh

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