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Friday, May 23, 2003

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ESC launches CD to spur IT exports to UAE

Vimala Vasan


THE Consulate-General of India, Dubai, in association with the Electronics and Computer Software Export Promotion Council, has launched a compact disc highlighting India-UAE co-operation in the IT sector.

The CD, which was launched by Dr George Joseph, Indian Consul-General, and Mr Kamal Vachani, Regional Representative, ESC, at the Consulate-General in Dubai has as its primary objective, helping Indian IT companies tap the expanding West Asian market.

Mr Vachani said that the CD highlighted economic profiles and bilateral trade between India and the UAE, with focus on the IT sector. It also deals with Government policies, and the overall IT scenario in the UAE and India and strengths of the industry in both countries.

ESC was confident that the CD would help in establishing new contacts and result in more joint ventures and strategic alliances, as well as marketing and distribution tie-ups, he added.

Mr Vachani said that the Gulf and West Asian market represented a potentially large market and there had been a huge rise in IT exports from India to this region. The UAE, Saudi Arabia and Oman were the top markets in the region for IT exports, he said.

The Dubai Government's e-initiatives and innovative projects also offered excellent opportunities for Indian IT firms, he said.

Exports of Indian computer software and IT-enabled services rose 27.4 per cent to touch Rs 46,500 crore in 2002-2003, from Rs 36,500 crore the previous year.

Overall infotech exports grew 24 per cent to Rs 52,500 crore in 2002-2003, from Rs 42,300 crore in 2001-2002.

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