Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||||||Technology| 
 Section Home | News Now | Features & Analysis | IT/ITES | Telecom | Hardware | Columnists | Gadgets & Gizmos
Home > Tech World Live Markets | Commodities
 

Orissa records 39% growth in software exports
BS Reporter / Kolkata/ Bhubaneswar Jul 10, 2009, 00:39 IST

Orissa has recoded a 39.04 per cent growth in software exports in 2008-09. In value terms the software exports from the state reached Rs 1168 crore as against Rs 840 crore in 2007-08.

This growth is achieved in the backdrop of global economic meltdown which began from the second half of 2008-09 and had impacted the operations of the software service providers. The state’s growth rate of 39.04 per cent in software exports is higher than the national average of 21 per cent. Addressing media persons here, Pradipta K Mohapatra, the state IT secretary said, “Despite the economic slowdown and its significant impact on the IT sector, Orissa has achieved software exports worth Rs 1168 crore in 2008-09. Apart from Orissa, Kerala and Gujarat are the other two states which have crossed Rs 1,000 crore in terms of software exports.”

 
 
 
Related Stories
News Now
-Karnataka IT exports to fall 5% this fiscal: Official
-Zensar Technology allotted land in Infocity
The software exports from the state are projected at $1 billion (around Rs 5,000 crore) by the end of 2012-13.

While Infosys Technologies was the biggest software exporter from the state accounting for more than 70 per cent of the total exports in 2008-09, Mahindra Satyam (formerly Satyam Computer Services) was the second largest exporter at Rs 191 crore.

Manas R Panda, joint director, STPI-Bhubaneswar said, “Software exports from Orissa which started with Rs 5 crore in 1997-98 have reached Rs 1,168 crore in 2008-09. Similarly, the number of IT units in the state registered under the Software Technology Parks of India (STPI) scheme has gone up from 29 in 2001-02 to 112 in 2008-09.” Orissa has got approvals for four IT SEZs (Special Economic Zones) out of which two have been notified- Tata Consultancy Services (TCS) Kalinga Park spread over 45 acres and the DLF Infopark on a 54-acre plot. Out of the two notified IT SEZs in Orissa, the TCS Kalinga Park has been operational and the software major, which started operations from January this year, has exported software services worth Rs 6 core by the end of 2008-09. The other IT SEZ being developed by DLF is on the verge of being de-notified. DLF had sought de-notification of the IT SEZ and it has got in-principle approval from the Centre for the de-notification.

“DLF would now develop the Infopark project under the STPI scheme. While 50 per cent of the total land area of 54 acres would be devoted to the IT park, the remaining 50 per cent would be earmarked for commercial real estate like malls, hotels and service apartments”, said Mohapatra. The Orissa government was also going ahead with the Infocity-II project which is being developed on over 600 acres of land at Janla, about 15 km from the city. “The Infocity-II project is expected to be fully operational within four years. The state government has made a budgetary allocation of Rs 150 crore for developing external infrastructure for the project like roads, water and electricity, added Mohapatra. Asked on the status of the other IT projects in the state, he said, “The IT investors like MindTree Consulting, Genpact Limited and Zensar Technologies were going slow on the construction work due to the prevailing economic downturn. The IT industry is in a recovery phase and we expect these IT players to resume construction work soon.”

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets open sharply lower amid weak global cues
- BEST buses pelted with stones in Mumbai
- Tata Motors hits 4-mth low, dn 16% post Q4 results
- Bandh supporters block roads, railway tracks in WB
- NDA-led bandh turns violent in Bangalore
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- Watch The Film Here. Click here to know more..
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- NDA-led bandh turns violent in Bangalore
- Army chief slams BEML on Tatra, awards it Rs 1,500-cr deal
- Investors wary as Flipkart shows growth pangs
- Wealthy clients turned tables on UBS and staff?
- Coal blocks for infrastructure projects get GoM nod
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us