Software tech parks on the upward trend

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Chandigarh, Aug 3 (UNI) The Software Technology Parks of India (STPI) has estimated a further growth of 32 per cent in the total value of software and services exports in 2008-09 from the Chandigarh Capital Region (CCR).

In 2008-09 the combined software export projection is Rs 1100 crore with Rs 900 crore from STPI units and Rs 200 crore from SEZs.

In 2007-08, the software and service industry in the CCR has seen a robust growth and the total turnover reached Rs 822.27 as compared with Rs 560.76 crore during 2006-07, according to Mr Ajay Srivastava, Joint Director, STPI.

Apart from earning precious foreign exchange, the software industry in the region has also given direct employment to 10,000 professionals, Mr Srivastava said The region has attracted many new start ups and number of IT/ITES units had increased from 145 in 2002-03 to 253 in 2007-08 and is expected to cross 300 by the end of 2008-09, he added.

STPI will be honoring the top performing IT/ITES companies at an award function on August 7 here.

The upcoming mega IT event e-Revolution 2008 in the city will bring together the best brains from around the country to interact with the local talent, as a part of the evolution of CCR as a major destination for ICT industry.

Some of the leading successful young entrepreneurs who innovated and took their enterprise to the next level of success, would be converging to the city for the two days mega IT event, eRevolution on August 7-8.

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