US, Canada account 64% of total software exports in 01-02: ESC

New Delhi, July 3: US and Canada accounted for 64 per cent of the total software and related services exports in 2001-02 at 4,912 million dollar clocking a two per cent increase over the last fiscal, according to the latest ESC study.

New Delhi, July 3: US and Canada accounted for 64 per cent of the total software and related services exports in 2001-02 at 4,912 million dollar clocking a two per cent
increase over the last fiscal, according to the latest ESC study.

Of the total software exports of 7,652 million dollar (Rs 36,500 crore) in 2001-02, the share of US and Canada was 4,912 million dollar (Rs 23,429 crore) as compared to 3,710 million dollar (Rs 17,067 crore) in 2000-01, ESC said today in a statement.

In value terms, the growth is exports was 32.27 per cent, it said.

European Union countries continue to be the second largest destination with a marketshare of 23 per cent.

"In absolute terms, Indian Software Exports to this region has grown to 1,794 million dollar (Rs 8,555 crore) in 2001-02 from 1,332 million dollar (Rs 6,125 crore), registering a growth of 40 per cent", the statement said.

Japan, south korea and other far east countries account for 318 million dollar (Rs 1,518 crore) in 2001-02, up 67 per cent from 2000-01 figures, ESC said.

In the overall export basket, their share increased to four per cent in the last fiscal from three per cent in 2000-01.

Bureau Report

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