New Delhi: India's software and services exports registered 25 per cent year-on-year growth in 2003-04, according to estimates by Electronics and Computer Software Export Promotion Council (ESC).

"There has been a sustained increase in the exports of computer software and services from the country despite the resistance from the developed countries to Business Process Outsourcing," ESC executive director D K Sareen said in a statement.

According to the ESC estimates, export of IT enabled Services increased by 57.14 per cent to Rs 16,500 crore during 2003-04 from Rs 10,500 crore in 2002-03. It, however, fell marginally short of the targeted Rs 17,198 crore.

Export of software and services grew 15.28 per cent to Rs 41,500 crore in 2003-04 against Rs 36,000 crore a year earlier.

Software and services comprise 88 per cent of India's total IT exports.

During 2003-04, India's electronic hardware export touched Rs 7,700 crore against Rs 5,600 crore during the previous year, the ESC statement said.