Software export worth $60B targeted in 2010

By agencies   |   Tuesday, 21 February 2006, 08:00 Hrs
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COIMBATORE: Information Technology (IT) industry has set an export target of $60 billion by 2010, Tata Consultancy Services Ltd CEO and Managing Director S Ramadorai said.

Talking to reporters on the sidelines of the launch of pilot e-filing by the Ministry of Company Affairs in Coimbatore, Ramadorai said the industry was expected to achieve an export target of $26 billion during this financial year, as against $17.8 billion till March 2005.

The export included software, hardware, BPO and ITES, he said, adding it was also aimed at generating nine million jobs in the sector by 2010.

On the move to form trade unions in the sector, Ramadorai said NASSCOM and the Industry felt the employees' well-being were taken care of very well. Against this background, "we do not see any merit," (in forming trade unions), Ramadorai added.

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