Exports from IT/IteS in SEZs over Rs 5 lakh crore in 2020-21: Govt

 

by IANS |

New Delhi, Feb 12 (IANS) Exports by information Technology and Information Technology enabled Services (IT/ITeS) units in SEZs touched Rs 5.1 lakh crore in 2020-21 as the government has taken various initiatives to promote the sector, the Parliament was informed on Friday.

The Centre has approved National Policy on Software Products-2019 with an aim to develop India as the global software product hub, driven by innovation, improved commercialisation, sustainable Intellectual property, promoting technology start-ups and specialised skill sets, for development of the sector, based on ICT, Minister of State for Commerce and Industry Anupriya Patel told the Rajya Sabha in a written reply.

The objective of the policy is to create a robust Indian software product development ecosystem leading to a ten-fold increase in India'a share of the global software product market and so as to generate direct and indirect employment for 3.5 million people by 2025, she added.

Latest News
Bengal witnessed 11.43 pc GST growth: Mamata Banerjee Sun, Apr 06, 2025, 03:57 PM
Pamban Bridge brings technology and tradition together: PM Modi Sun, Apr 06, 2025, 03:21 PM
Telangana CM eats lunch with beneficiary family of fine rice scheme Sun, Apr 06, 2025, 03:13 PM
IPL 2025: There is a trust factor of relying on each other, says Kohli on bond with Rohit Sun, Apr 06, 2025, 02:51 PM
PM Modi, Lankan Prez Dissanayake launch India-backed railway projects in Anuradhapura Sun, Apr 06, 2025, 02:47 PM