The Hindu Business Line : ITES exports surge 41 pc: ESC

EXPORTS of computer software and services together with IT-enabled services touched Rs 77,300 crore in 2004-05, reflecting a growth of 33 per cent, according to the provisional figures released by the Electronics and Computer Software Export Promotion Council (ESC).

Mr D.K. Sareen, Executive Director of ESC, said: "The rate of growth in export of computer software and ITES works out to be 33 per cent (37 per cent in dollar terms) for 2004-05, which is quite impressive.

More significant in the growth paradigm is the 41 per cent (45 per cent in dollar terms) leap in exports in the ITES segment."

He added: "The underlying premise is that the sector has shown higher volume in exports, despite the concern expressed in some quarters that the export margins have come down."

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ITES exports surge 41 pc: ESC