Software exports already at $8.66 billion
New Delhi: According to the data compiled by the Electronics and Computer Software Export Promotion Council (ESC), export of computer software and services is estimated to have grown by 29.76 per cent in dollar terms (26.01 per cent in rupee terms) during April-December 2003, over that in the same period the previous year. The report states that "In absolute terms, the export of computer software and services has touched Rs 40,700 crore ($8.66 billion) during April-December 2003, giving rise to the hope that the target set for the fiscal 2003-04 at Rs 58,698 crore ($12.49 billion) can be achieved.

" Over 69 per cent of the target set for export of computer software and services for the whole of 2003-04 had already been achieved during April -December 2003, and going by current trends there was a possibility of overshooting the target
One of the reasons for the accelerated growth of software exports from the country is the increase in the number of multinational corporations setting up 100 per cent subsidiaries in India to cut down the labour cost in the US and Europe.

Though there is some element of resistance from the US Administration against outsourcing, there is a growing band of Chief Financial Officers in the US and Europe vociferously pitching for continuation of outsourcing.The ESC notes that countries in the European Union have assured that they will not resort to any curbs on outsourcing since they feel that any protectionist measures will have adverse impact on the nation's competitiveness in the medium and long run.
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C-MET develops high purity materials
Hyderabad: Technology for producing three ultra high purity materials — tellurium, cadmium and gallium, key components in the manufacture of electronic devices has been developed by the Centre for Materials for Electronics Technology (C-MET).
The 99.99 per cent pure metals are used in opto-electronic devices, which find applications in space industry, aeronautics, in night vision binoculars in the defence sector. These metals have been produced at a semi-pilot scale.

The C-MET, under the Department of Information Technology, is headquartered in Pune and has three laboratories at Pune, Hyderabad and Thrissur. The Hyderabad laboratory is focussed on the development of ultra pure materials both metals and alloys. The thrust areas for C-MET, Pune are thick film materials for electronic packaging, chemicals and polymers, nanocrystalline glasses, while the Thrissur laboratory concentrates on advanced areas of electro ceramics, ferrites and rare earth-based materials, thermisters and sensors.
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