Pre-budget 2008 Economic Survey lauds 32% growth in IT, BPO exports
Survey lauds 32% growth in IT, BPO India exports : IT and BPO export revenues surged 32.6 per cent to touch $31.3 billion in 2006-07 helped by steady expansion into newer service lines, increased geographical presence and unprecedented rise in investments by MNCs, the pre-Budget Economic Survey said today.
The survey noted that computer software contributed Rs 1,41,800 crore, while electronics hardware accounted for Rs 11,500 crore to the total electronics exports basket of Rs 1,53,300 crore.
“In 2006-07, the performance of the Information Technology-Enabled Services-Business Process Outsourcing (ITES-BPO) was marked by double-digit revenue growth, steady expansion into newer service lines, increased geographic penetration and an unprecedented rise in investment by multinational corporations,” the Survey tabled in Parliament said.