Mumbai:
India''s IT exports to the UAE is expected jump from $542
million in 2005-06 to $850 million in 2006-07, marking
a 56.74 per cent rise, an official of the Electronics
and Computer Software Export Promotion Council (ESC) said.
"India''s IT exports continue their run of reaching
the entire length and breadth of the globe, providing
total solutions in a host of sectors of the economy,"
ESC regional director for UAE and the Middle East, Kamal
Vachani, said.
He said several Indian companies are setting up base in
Dubai since it is strategically located for re-export.
IT exports to other parts of the world, meanwhile, are
expected to surge to $35 billion this year, up 35.19 per
cent, from $25.89 billion in 2005.
IT exports to Europe stood at $6.63 billion while exports
to the US were $15.33 billion.
"With a wide array of membership, primarily comprising
of exporting SMEs, the council has been laying emphasis
on facilitating the interaction of India SMEs with potential
buyers in the global market," he said, adding, "The
council''s delegations to the global market in various
trade fairs, expositions and buyer seller meets, have
SME representation in large number."
The
new trade policy has removed service tax on export business
and this could help further improve software exports from
the country, he said.
ESC is also organising Indian participation in CommunicAsia
2007 - Asia''s most communications and IT event, scheduled
to be held from June 19 to 22 at Singapore Expo.
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