Indian ICT exports to hit $75bn

The Times of India.

According to the organisation, software and services export would be $64 billion, growing at 10% and electronics hardware would grow by 30% to $10 billion in the current year.

The Economic Times says electronics hardware export in the first four months grew by 48% ($3.72 billion) over the same period last year.

The council says downgrading of US credit rating would not have any impact on the Indian IT industry as US government's share in outsourcing was negligible.

The Telegraph India reveals that India's 10% software and ICT service export growth is a sharp reduction from the 30% growth forecast prior to the 2008 recession.