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News >> Technology >>
Software exports grew 33% in 2005-06
By agencies
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Thursday, 01 June 2006, 19:30 IST
NEW DELHI: Software and services exports from India grew 33 percent year on year in 2005-06 to $23.6 billion according to industry body National Association of Software and Services Companies (NASSCOM).
Nasscom said the overall Indian software and IT enabled services industry grew 31 percent in last fiscal to $29.6 billion.
The overall software and services industry will grow by 25-28 percent in 2006-07 to $36-38 billion, Nasscom predicted.
IT and ITES exports are likely to grow by 27-30 percent in 2006-07 to $29-31 billion.
The number of employees in the IT and ITES sector grew to 1.29 million in 2005-06 from 1.05 million in 2004-05.