Southern States - Karnataka   

Software exports record 25 p.c. growth

By Our Special Correspondent

BANGALORE APRIL 23. Despite the slowdown in the global economy, software exports from Karnataka in 2002-03 recorded Rs. 12,350 crores, a growth rate of 25 per cent over the previous year.

Bangalore, the fourth largest technology hub in the world, continues to attract more IT companies. In all, 116 software exporting companies were registered at the Software Technology Parks of India (STPI) this year.

The STPI Director, B.V. Naidu, told presspersons here today that this was an increase over last year, when 110 software exporting units were registered.

Mr. Naidu said 69 per cent of software exports were to North America, 21 per cent to Europe, five per cent to West Asia, three per cent to Japan and two per cent to the rest of the world. He said that the top 10 software exporters for 2002-03 were: Infosys Technologies, Wipro, IBM Global Services India, Tata Consultancy Services, Digital Global Soft, i-flex Solutions, Texas Instruments, Cisco Systems (India), Mphasis BFL Ltd. and Philips Software Centre.

Mr. Naidu said that while Bangalore had maintained its lead, Mysore, Mangalore and Manipal had also registered rapid growth. The incubation facilities and the decentralised datacom and statutory services through the STPI centres in these cities had helped industries in Mysore record an export growth of 66 per cent, and those of Mangalore and Manipal 36 per cent.

Mr. Naidu described the export growth rate of 25 per cent as phenomenal in view of the global recession. The rate could be equated to 35 per cent because of the lower billing rates compared with a few years ago. He said Electronic Hardware Technology Park (EHTP) companies had also recorded an excellent growth rate with the overall hardware exports touching Rs. 1,404 crores, a growth rate of 67 per cent compared with the previous year.

Mr. Naidu said that in addition to the growing hardware sector in healthcare/consumer electronics and other office automation products, automobile sector had also recorded growth.

The Secretary, Information Technology, Vivek Kulkarni, who was present at the presentation of the STPI's performance report, said export growth rate of 66 per cent for companies in Mysore, and 36 per cent for those in Mangalore/Manipal were quite satisfactory for the Government.

Mr. Kulkarni said that while the IT services sector was repositioning itself, the 275 per cent growth in the BPO sector was a welcome sign for Bangalore.

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