Printer Friendly

India software exports.

Software exports from India will attain $50-billion target by 2008 as situation is conducive, even though the industry requires to post a 33 per cent growth in the coming years, Nasscom has said.

Comment: "The Indian software industry posted a 26 per cent growth during the last financial year, even though IT spending remained flat," Nasscom president Kiran Karnik said adding that the industrys' base had posted a 50-60 per cent growth during the previous fiscal year. The drivers of growth during the previous fiscal were Business Process Outsourcing (BPO) and software exports, and the industry expects to replicate this in the coming years. The industry needed to grow by around 33 per cent to achieve the $50-billion target and a little help from authorities, adding that Nasscom was "confident and optimistic' on its growth. Tata Consultancy Services (TCS), with annual revenues of Rs 4,545 crore, is the largest software exporter in India, followed by Infosys Technologies and Wipro Technologies, according to Nasscom (National Association for Soft-ware and Services Companies). www.indiasoftware.com/news/n1507 .html#07192

The Hyderabad Software Exporters Association (Hysea) has evolved a Code of Conduct for what is seen as anti-poaching measures within the business circle covering even the head-hunters. www.indiasoftware.com/news/n1107. html#07112
COPYRIGHT 2003 A.P. Publications Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:IT News
Publication:Database and Network Journal
Date:Aug 1, 2003
Words:212
Previous Article:Light at end of tunnel for UK technology.
Next Article:Business technology optimisation survey.


Related Articles
DTH software to expand in India.
Ship to shore. (Nonferrous).
Update on India: an option for call center outsourcing. (Outsourcing).
If only...: Mexico's software industry potential remains untapped. (Tech Talk).
India's booming economy includes growing trade with the U.S.
Selling smarts: Brazil's information technology business should have gone global years ago. It's catching up.
Emerging India: India is a growing destination for recovered fiber.
Marubeni Announces Affilation with ITC Limited (India) in Foodstuffs.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters