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Pakistan''s software exports grow 50 p.c.

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CIOL Bureau
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BANGALORE: Riding on Western firms' demand for ITeS, Pakistan's software exports grew 50 per cent to $72 million in 2006-`07, according to news reports.

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Pakistan has fixed an ambitious target of $108 million for the financial year 2007-`08. The planners in that country are looking at the IT revenues to cross $9 billion in the next four years.

"The good thing is that Western companies are looking at Pakistan to outsource services," The News International reported quoting Jehan Ara, president, Pakistan Software Houses Association.

"It's an important development as after 9/11 local companies faced a tough time in terms of winning business from these companies."

According to Nasscom, India's IT software and services exports grew by over 33 per cent in FY`06 (see Nasscom graph) to clock revenues of $17.3 billion, led by a strong demand and increased traction for traditional services like ADM, new services like EAI and package implementation and new areas like engineering services.

© CyberMedia News

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