Indian software and services export is estimated to have touched $17.2 billion in 2004-05, posting a 34 per cent growth in both rupee and dollar terms.
The Indian software and services export is estimated at Rs 78,230 crore ($17.2 billion) in 2004-05 compared to Rs 58,240 crore ($12.8 billion) in 2003-04, an increase of 34 per cent both in rupee terms and dollar terms.
This segment will continue to show robust growth in future also, department of IT officials said.
The value of ITeS-BPO exports from India is expected to exceed $5 billion mark in 2004-05, they said.
With export revenues from ITES-BPO growing from $2.5 billion in 2002-03 to $3.6 billion in 2003-04, a year-on-year growth of 44 per cent was achieved.
In 2003-04, ITES-BPO exports accounted for over 27 per cent of the total export revenue earned by the Indian IT-ITES industry.
The total number of IT and ITES-BPO professionals employed in India has grown from 284,000 in 1999-2000 to over a million in 2004-05, growing by over 160,000 in the last year alone.
Indian ITES-BPO sector continues to grow from strength to strength, witnessing high levels of activity both onshore as well as offshore. Last year witnessed vendors moving up the value-chain to offer high-end research and analytic services to their clients.
Attrition levels also remained high, between 25-40 per cent, as demand for trained talent outpaced supply.
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