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Dubai: Exports of Indian IT products to the Middle East are expected to cross the $1.30 billion mark this year - an increase of 30 percent compared to $1 billion in 2007, according to a senior official here.
Indian IT exports are growing at more than 30 percent annually and are expected to cross $50 billion this year and touch $100 billion by 2012, according to Kamal Vachani, regional director of the Electronics and Computer Software Exports Promotion Council of India (ESC) for the Middle East and the United Arab Emirates (UAE).
"IT exports from India to the Middle East, particularly to the UAE, have increased substantially in recent years,? the Gulf News quoted Vachani as saying.
?We see huge potential for further growth as ESC is devising new strategies to expand its market share in the region."
ESC expects a 15 percent growth in exports to UAE.
According to Vachani, the Indian software industry has moved away from direct marketing to end-users in order to provide solutions to a host of operational areas in manufacturing and services.
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