IT Export

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Revenue of IT and IT-enabled services in the country has crossed USD 250 billion out of which USD 200 billion is from exports, a senior government official said on Wednesday. While speaking at the inaugural session of Indiasoft 2025 and India Electronics Expo, Software Technology Parks of India (STPI), Director General, Arvind Kumar, said that the country's IT-ITes revenue has come a long way from USD 20 million in 1992-93. "This consistent effort of ESC, Government of India and support of ESC types of the organization means that today, from IT-ITes services, we have revenue of more than USD 250 billion. STPI's journey started when we had only USD 20 million in export from this country. It's a journey of USD 20 million to 250 million US dollars out of this USD 200 billion is from export," Kumar said. He said that the Electronics and Computer Software Export Promotion Council has always been very instrumental over the promotion of export from this country. Kumar said that now the ..

Telangana registered 31.44 per cent growth in information technology exports and added nearly 1.27 lakh new jobs during 2022-23, surpassing the expectations

All kinds of policies have been tried to boost Indian exports, but nothing has worked. Maybe, sociology holds the answers

Notwithstanding the threat of a recession looming ahead for the developed economies, exporters say they expect a similar trend to continue in the second half of the year

The state's IT exports crossed Rs 1.45 trillion during 2020-21.

Exports constitute more than 85 per cent of the industry's revenue, and due to Covid-19 induced slowdown around the world, they are at risk

STPI Director General Omkar Rai said that it is setting up more than 21 domain-centric Centres of Excellence in a collaborative manner across India

Addressing the Digital Summit on Exports organised by the Confederation of Indian Industry (CII), Goyal said he expects the fall in exports to narrow to 8-10 per cent in June.

State puts up a strong show despite Covid impact; its share in Indian IT export pie rises to 11.58% from 10.61%

In 2018-19 exports from the state's IT sector was Rs 22,897 crore as compared to Rs 8356 crore in 2010-11, said the state IT Minister

The share of digital services in the export revenue of Indian information technology (IT) service companies are expected to double to around 30 per cent by 2020, says rating agency and research firm CRISIL. This will be supported by initiatives like large-scale reskilling of the tech workforce and more of mergers and acquisitions (M&A) in the digital space. 'Digital' encompasses newer technologies such as Big Data and Analytics, Internet of Things, Artificial Intelligence, machine learning, Robotic Process Automation, Augmented Reality and Virtual Reality. Which organisations are seen increasingly embracing as they digitalise their operations, migrating to a cloud and smartphone environment.The share of digital services revenue in India's IT export is currently around 15 per cent, with the late entry by domestic firms to this segment. However, the segment also grew a little more than 25 per cent in FY17 as Indian IT firms won digital deals, backed by re-skilling of employees. This

A clear picture would emerge after companies announce results for the September quarter, which is generally good for them