Indias IT services exports grow by 14.8% in 2014-15
The Dollar Business Bureau India’s exports of computer software and information technology enabled services (ITES)/BPO services grew by 14.8% to $82 billion during the last financial year, RBI data said on Tuesday. The growth in India’s total software services exports were led by computer services, contributing a whopping 72% growth, followed by the ITES/BPO sector which contributed 28% during the period. Public limited companies accounted for 55.6% share of the total software services exports during 2014-15. According to the survey on ‘Computer Software & Information Technology Enabled Services Exports: 2014-15' released by RBI, the US and Canada continued to be India’s major exports destinations, accounting for about 60% of total software services export during 2014-15. “Europe's share stood at nearly 25%, of ...
