Electronics and Computer Software Export Promotion Council (ESC) has prepared a strategy paper to boost exports to USD 178 billion by 2022, the commerce ministry said today.
Releasing the paper here yesterday, Commerce and Industry Minister Suresh Prabhu stated that the government of India will extend all support to the industry for intensifying the exports to traditional markets and explore new areas, including Africa, Latin America and Commonwealth of Independent States (CIS).
He said that the government is taking proactive steps for making ICT (information and communications technology) exports more vibrant and to motivate more units to focus on exports.
The strategy paper highlights the need for some policy level changes that are critically needed, such as resolving visa problems with the US, greater access of professionals to European countries and setting up of incubation centres in major IT hubs.
The paper has also stated that for markets like Africa and Middle East, a different model is required as India mostly offers product solutions.
"ESC has prepared a strategy paper for augmenting software exports to USD 178 billion by 2022," it added.
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