New Delhi, Oct 10: Despite stiff resistance to outsourcing to low cost destinations like India, the offshore exports have risen to 60 per cent of total software exports at Rs 20,700 crore and is poised to grow further in the coming years, according to the Electronics and Computer Software Export Promotion Council (ESC). In 2002-03, total software export was Rs 34,500 crore and of this offshore export was Rs 20,700 crore accounting for 60 per cent of the total exports, (ESC) said. In 2001-02, the offshore export was Rs 15,500 crore accounting for 56 per cent of the total software exports.
Stating that offshore exports have been consistently rising in the recent years, it said, in 1999-2000, the offshore export was Rs 6920 crore out of the total software export of Rs 17300 crore, which was 40 per cent of the total software exports. In 2000-01, offshore exports shot up to Rs 12,100 crore, posting a growth of 74 per cent as compared to the previous year.
"There is a discernible increase in the offshore exports and the indications are that this share will further increase in the coming years," D K Sareen, executive director of ESC, said, adding this did not include export of it services.
Bureau Report