Smaller cities emerge as India's new software export hubs
Sisir Pradhan | @TheDollarBiz Major software companies in India are increasing their presence in smaller cities and smaller states in a bid to reduce operational costs and improve profit margins. According to the Software Technology Parks of India (STPI), India's total software exports stood at around Rs.251,497 crore in FY2012-13. While IT cities like Bengaluru and Hyderabad remain leaders, software export from cities like Pune has registered a steady growth in recent years. Software export from Pune has increased to around Rs.29,500 crore in FY2012-13, which is almost 60% of total software export of around Rs.50,000 crore from Maharashtra that year. Software export from other smaller cities like Nagpur, Kolhapur, Nasik and Aurangabad has helped Maharashtra become the ...
