Indian software exports soar
As per Nasscoms annual survey for FY 2005-06, the Indian IT-ITES industry
has recorded 34.5 percent growth in exports, clocking revenues of $17.2 billion
in FY 2004-05, as compared with export revenues of $12.8 billion in 2003-04.
Of the total IT-ITES exports in FY 2004-05, IT software and services grew by
30.5 percent, while the ITES-BPO segment recorded a growth of 44.5 percent.
Nasscom has projected that Indian IT-ITES exports are likely to grow by 30-32
percent in FY 05-06, clocking revenues of $22.5 billion.