Indian IT Exports To Mideast Will Grow 30%: ESC
30th April 2008 @ 14:00
India’s IT exports to the Middle East are expected to cross $1.30 billion in 2008, an increase of 30% compared to $1 billion last year, Electronics and Computer Software Export Promotion Council of India (ESC) said.
According to ESC, an autonomous body under the Indian Ministry of Communications and IT, Indian IT exports are growing at more than 30% annually and are expected to cross $50 billion this year and touch $100 billion by 2012.
“IT exports from India to the Middle East, particularly to the UAE, have increased substantially in recent years. We see huge potential for further growth as ESC is devising new strategies to expand its market-share in the region,” ESC regional director for the Middle East and UAE Kamal Vachani said.
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