Chandigarh,2 Aug : The Software Technology Parks of India (STPI) has estimated a further growth of 32% in the total value of software and services exports in 2008-09 from the chandigarh capital region.
In 2008-09 the combined software exports has projected to Rs. 1100 Crores (Rs. 110 million) with Rs. 900 crores from STPI units and Rs. 200 Crores from SEZs.
In 2007-08, the software and service industry in the region has seen a robust growth and the the total value reached to Rs. 822.27 as compared with Rs. 560.76 Crore during 2006-07, according to Mr. Ajay Srivastava, Joint Director, STPI. Apart from earning precious foreign exchange, the software industry in the region has also given direct employment to 10000 professionals.
The region has attracted many new start ups and number of IT/ITES units had increased from 145 in 2002-03 to 253 in 2007-08 and is expected to cross 300 by the end of 2008-09. The STPI estimates a further growth of to have another 25 new units coming up in the market taking total exports to over Rs. 1500 Crore by 2009-10.
STPI shall be honouring the top performing IT/ITES companies at an award function on August 7.
The upcoming mega IT event e-Revolution 2008 will bring together the best brains from around the country to interact with the local talent, as a part of the evolution of Chandigarh Capital Region as the major destination for Information and Communication Technology industry.
Some of the leading successful young entrepreneurs who innovated and took their enterprise to the next level of success would be converging to the city for the two days mega IT event, eRevolution 2008, on August 7-8.