Hotline: 1800 102 2007
X
Search Business Opportunities
2011-08-18

ICT export projected at 15 percent

ICT export projected at 15 percent

According to the recent information from The Electronics and Computer Software Export Promotion Council, information and communication (ICT) export for the current fiscal is projected at 15 per technology cent at USD 75 billion.

"In 2010-11, export of software and electronic hardware from India was USD 65.28 billion and in the current fiscal USD 75 billion," Council Chairman S Radhakrishnan shared today.

Software and services export would be USD 64 billion, growing at 10 per cent and electronics hardware would grow by 30 per cent to USD 10 billion in the current fiscal, he said.

Radhakrishnan said in the first four months of the current fiscal, April-July, ICT exports was USD 21 billion, up by just 10 per cent over the corresponding period last year when it registered export of USD 19 billion.

Electronics hardware export in the first four months grew by 48 per cent to USD 3.72 billion over the last year same period.

Radhakrishnan further said that downgrading of US credit rating would not have any impact on the Indian IT industry as US government's share in outsourcing was negligible.

The council was targeting new markets and planning to set up two more incubation centers in France and Australia to keep the growth momentum of ICT export.

Related opportunities
  • About: Liberty Shoes has been fashioning footwear for well over 50..
    Locations looking for expansion Karnataka
    Establishment year 1968
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Quick Service Restaurants
    About Us: Doner & Gyros is a casual fast food restaurant..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About: Pocket Café is a popular and happening hangout café brand..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us  Our 14 years of  vast experience in different concepts..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts