IT EXPORTS FROM AP INCREASE

Despite downturn in the US and UK markets which account for over 80 per cent of the revenues of most Indian IT services firms, IT/ITES exports from Andhra Pradesh for the year 2008-09 has registered a growth rate of 24.5 per cent as against the national growth rate of 20.65 per cent. Declaring the exports performance for 2008-09 here on Thursday, the Software Technology Parks of India, Hyderabad (STPI) in association with the IT and Communications department, government of AP, said that AP has achieved Rs 32,509 crore export turnover in 2008-09.

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