Govt eyes software exports to touch $60 bln by 2010

New Delhi, Jan 17 (UNI) The government today said it targets to double software exports to 60 billion dollars in the next three years.

''We are trying to achieve IT software exports worth 60 billion dollars by 2010, as we have seen a growth of more than 32 per cent this year from previous year,'' Minister of State for Telecommunications Shakeel Ahmed told reporters here while inaugurating the Electronics and Information Technology Exhibition 2008 here.

Dr Ahmed added that the country's software exports during 2006-07 had stood at 31.3 billion dollars.

Nasscom President Som Mittal said that the country's apex body of software developers was expecting that IT software exports would touch 60 billion dollar by the year 2010.

The industry experts said that as most of the country's software exports goes to the US, the rupee appreciation vis-a-vis the US dollar is affecting the small and medium companies mostly.

They said the domestic IT firms should try to look beyond dollar-denominated exports.

UNI SBA MP KP1815