DUBAI: India's export of electronic hardware registered an unprecedented growth of 107 per cent going up from USD 3279 million in 2007-08 to $6790 million in 2008-09, a top official here said.
Citing figures from the directorate general of commercial intelligence and statistic (DGCIS), Kamal Vachani, regional director of electronics and computer software export promotion council (ESC) for the Middle East, said rise of $3279 million in 2007-08 to $6790 million in exports of electronics hardware from India to Middle East countries has been observed during the year 2008-09, a rise of 107 per cent.
"The share of electronics hardware exports from India to Middle East increased from 12.53 per cent to 14.81 per cent making Middle East countries the 3rd top destination for India's electronics hardware export during the year 2008-09," he told PTI today following the inauguration of Indian pavilion at technology expo GITEX here.
It is estimated that electronics goods export to Middle East countries during 2008-09 is valued at $1006 million up from $411 million estimated in the year 2007-08 registering a growth of 145 per cent.
According to Vachani, export of software and related services to Middle East has also registered an excellent growth of 161 percent.
"Export of software and services increased from $569 million estimated in 2007-08 to $1486 million estimated in 2008-09," he said.
Source : The Economic Times