AP & Karnataka ahead of TN in terms of IT exports Wednesday, May 11 2005 08:56 Hrs (IST) - World Time -
Chennai:
Despite being a hot destination for IT and Business Process Outsourcing (BPO) segments, Tamil Nadu has recorded lower growth than its neighbouring States, Karnataka and Andhra Pradesh, in terms of total software exports for 2004-05.
The total software exports from Tamil Nadu has grown to Rs 10,703.10 crore for 2004-05, up by 40.50 per cent, from Rs 7621.50 crore recorded in 2003-04, according to STPI-Chennai.
Karnataka, the leader in software exports, has recorded a 52 per cent growth in software exports for 2004-05. It's total software exports has zoomed to Rs 27,600 crore for 2004-05 from Rs18,100 in 2003-04.
Though the total software exports from India is yet to be officially announced, Karnataka's share is expected to be around 35 per cent.
The performance of the software industry in Andhra Pradesh has also shown a growth of 64.5 per cent reaching Rs 8270 crore for 2004-05, according to STPI-Hyderabad.
While looking at the performance of secondary cities, these cities in Andhra Pradesh and Karnataka have also reported higher growth in software exports.
In Karnataka, STPI-Mysore has reported a growth of 72 per cent in software exports to Rs 309 crore for 2004-05 and STPI-Mangalore/Manipal's software exports has increased to Rs 567 crore from Rs 456 crore.