IT exports up at 39.05 pc in 2006-07, estimates ESC

New Delhi, May 07 (UNI) IT exports from the country is estimated to touch Rs 1,58,500 crore during April- March 2007 growing 38.28 per cent, according to an estimate made by the Electronics and Computer Software Export Promotion Council (ESC) here today.

''Our estimates are based on exports of electronic hardware, computer software and services and ITeS. We are optimistic about the solid growth in IT exports in the next fiscal end going by the present trend,'' said ESC Chairman Mr Sanjiv Narayan here.

Computer software and services will be the key drivers of the estimated export surge during April-March 2007 with a growth of 40 per cent over the previous year followed by ITeS and electronic hardware.

In absolute terms, computer software and services are estimated to have increased to Rs 10,5000 crore in April-March 2007 as against Rs 75,000 crore during 2005-06.

''The estimated growth of the computer software and services, in effect, has surged to 40 per cent giving hope that in the current fiscal also export performance of this sector will be significant,'' Mr Narayan added.

Electronic hardware exports is estimated to have grown by 29.87 per cent during 2006-07 over the previous year. Export of electronic hardware has increased to Rs 12,500 crore as against Rs 9625 crore in the previous year.

ITeS exports during 2006-07 registering a growth of 36.67 per cent increasing to Rs 41,000 crore, up from Rs 30,000 crore in the previous year.

UNI