‘Gujarat IT exports to cross Rs.10 bn’

February 4th, 2009 - 10:30 pm ICT by IANS  

Ahmedabad, Feb 4 (IANS) Gujarat’s IT exports are estimated to grow to Rs.10 billion (Rs.1,000 crore) this fiscal from Rs.7.61 billion in 2007-08, an industry organisation said Wednesday. Last fiscal, the industry was hopeful of achieving 100 percent growth in exports from Rs.5 billion in 2006-07, but could not meet the target, mainly due to rupee appreciation against dollar, said Nirav Shah, president of the Gujarat Electronics and Software Industries Association (GESIA).

The GESIA, which has 160 members, is a representative forum of the IT and electronics industry in the state.

Shah also announced that the second ‘GESIA Awards’ would be given to leaders in the information and communication technology (ICT) and electronics industry in February-March.

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