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Software exports seen growing 5.5 pct in 09/10: NASSCOM



04 February 2010 @ 1:32 pm IST

India's software and services exports should rise 5.5 percent in the year to March 2010 to $49.7 billion, an industry body said on Thursday, in line with an earlier forecast for 4-7 percent expansion.


Employees at a call centre provide service support to international customers, in Bangalore in this March 2004 file photo.
Employees at a call centre provide service support to international customers, in Bangalore in this March 2004 file photo.
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In the year to March 2011, they should grow an annual 13-15 percent, with the recovering world economy boosting demand for outsourcing, the National Association of Software and Service Companies (NASSCOM) said.

The sector's export growth had slowed to 16 percent in 2008/09 from more than 20 percent in previous years. for outsourcing.

Business has been picking up and leading companies such as Tata Consultancy services, Infosys Technologies and Wipro beat quarterly forecasts.

This article is copyrighted by Reuters.

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