Gujarat eyes 8-fold rise in exports to Rs 25k cr with new IT policy

Aimed at promoting new SMEs, along with a few big projects, the policy looks to grow the current exports of roughly Rs 3,100 cr to Rs 25,000 cr in next five years

On the back of a new five-year Information Technology and enabled services (IT/ITeS) policy, the Gujarat Government is eyeing an eight-fold rise in IT exports from the state by the end of the policy tenure.

Aimed at promoting new small and medium units, along with some big projects, the policy looks to grow the current exports of roughly Rs 3,100 crore to Rs 25,000 crore in the next five years.

According to Vijay Nehra, Secretary, Department of Science & Technology, Gujarat government, the new policy has been developed on the capital expenditure (capex) and operations expenditure (opex) model. "We are adopting a