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New Delhi, July 31

TOTAL IT exports, including hardware, software and IT-enabled services, are expected to touch the $60-billion mark by 2008, having increased by 164 per cent between 2000-01 and 2004-05, according to the Electronics and Computer Software Export Promotion Council (ESC).

In absolute terms, IT exports have grown from Rs 32,288 crore in 2000-01 to Rs 85,300 crore in 2004-05.

"The pace at which IT exports are growing gives us the impression that the target of $60 billion by 2008 will be achieved," the ESC Executive Director, Mr D.K. Sareen, said in a release.

Between 2000-01 and 2004-05, export of computer software and related services (excluding ITES) has almost doubled and if this trend continues, export from this segment will touch Rs 1,00,000 crore ($25 billion) by 2007-08, ESC said.

The council said the export of IT-enabled services has grown by 121 per cent between 2002-03 and 2004-05, recording the highest percentage of growth in the IT sector. Exports have gone up from Rs 10,500 crore to Rs 23,300 crore during this period.

Electronic hardware exports between 2000-01 and 2004-05 grew by 67 per cent, increasing from Rs 4,788 crore to Rs 8,000 crore during the period.

(This article was published in the Business Line print edition dated August 1, 2005)
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