SME Times is powered by   
Search News
Just in:   • RBI measures to provide liquidity relief to exporters, ride out near-term pressure  • Piyush Goyal meets world leaders, discusses ways to boost trade and investment  • E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act  • Trump administration sues California over voter-approved Prop 50  • Adani to invest Rs 63,000 crore for two energy projects in Assam, generate thousands of jobs 
Last updated: 27 Sep, 2014  

It.Thmb.jpg Software export to Latin America likely to double to $1.13 bn

IT.9.jpg
   Top Stories
» RBI measures to provide liquidity relief to exporters, ride out near-term pressure
» Piyush Goyal meets world leaders, discusses ways to boost trade and investment
» E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act
» Adani to invest Rs 63,000 crore for two energy projects in Assam, generate thousands of jobs
» Latest Cabinet decisions to ensure global competitiveness, boost self-reliance: PM Modi
SME Times News Bureau | 22 Mar, 2013

India's software and services export to Latin American countries is likely to double to $1.13 billion in the next two years, Electronics and Computer Software Export Promotion Council (ESC) said here Thursday.

"We have a lot of opportunities coming up in the Latin American countries. India has the potential to double its export to these countries over the next two years," ESC executive director D.K. Sareen told reporters here.

The country's total export of computer software and services to Latin America stood at $563 million in 2011-12.

India's software and ITeS companies were looking forward to a substantial spending on information technology (IT) for developing infrastructure for the upcoming football World Cup and Olympics in Brazil, Sareen said.

He was talking to the reporters on the sidelines of IndiaSoft 2013, an international IT exhibition and conference, being organised by the ESC, an autonomous organisation under the ministry of commerce.

According to Sareen, the country's overall software export was likely to register a 10 percent growth in in 2012-13.

Value of India's total software export was $68 billion during 2011-12.

Meanwhile, in the 13th edition of the IndiaSoft, around 200 delegates from abroad attended the event and over 150 IT entrepreneurs from India displayed their products, solutions and capabilities.

 
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
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 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