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Bangalore software hit six billion dollars, up 52 percent
BANGALORE, India (AFP) Apr 28, 2005
Software exports from southern India's hi-tech hub here rose more than 52 percent to six billion dollars in the year to March as companies from abroad outsourced business applications to the region, officials said Thursday.

Total software exports jumped 52.5 percent to 276 billion rupees (six billion dollars) from 181 billion rupees last year, said Shankarlinge Gowda, who heads southern Karnataka state's Information Technology Department which includes the country's technology capital of Bangalore.

He said 198 technology companies and eight hardware firms started operations in Bangalore last year, including global names such as Unisys Global Services, CapGemini Consulting, Volvo India and Google Online India.

Bangalore is home to more than 1,500 tech firms in all.

The industry's lobby group, the National Association of Software and Service Companies, estimated total Indian software exports were worth 17.5 billion dollars in the year to March.

Gowda said the state software industry is expecting 33 percent growth in exports to eight billion dollars in the current year to March 2006.




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