SME Times is powered by   
Search News
Just in:   • Indo-Nepal trade: Let's Wait for the Dust to Settle   • India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor  • PM Modi-Trump phone call 'moment of bonhomie', says former senior Indian official  • India ready to take relationship with EU to next level: PM Modi to Ursula von der Leyen  • India's efforts to shape sustainable future across region lauded at East Asia Summit event 
Last updated: 27 Sep, 2014  

IT.Thmb.jpg IT exports from India touches $69.7 bn in FY 2011-12

IT.jpg
   Top Stories
» India's contribution to global GDP growth to reach 9 pc by 2035: Govt official
» Centre to help ITIs become AI-driven training centres: FM Sitharaman
» Sensex, Nifty make strong gains amid positive cues after US Fed rate cut
» US Fed decision paves the way for RBI to go for more rate cuts: Analysts
» Piyush Goyal to embark on 2-day UAE visit today
SME Times News Bureau | 06 Apr, 2012
Information Technology (IT) exports from India totalled about $69.7 billion during financial year 2011-12.

J. Satyanarayana, secretary, department of electronics and IT, said this to reporters on the sidelines of a conference in Hyderabad on Thursday.

He refused to comment when asked about the possible impact of US elections on the IT exports.

He said the IT Investment Regions (ITIRs) scheme was at an advanced stage.

"We need to take it further. It has to go to a high level committee," he said, while declining to fix any time frame for giving final shape to IRIRs.

He said so far only Andhra Pradesh, Karnataka and Orissa had come forward to create ITIRs.

The scheme is expected to create new investment regions for IT, IT enabled services and electronic hardware manufacturing sector away from the big cities.

ITIRs will be larger than IT SEZs. The minimum processing area would be 40 percent of the total area of the ITIR and the remaining will be for roads, buildings and other utilities.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter