NEW DELHI - Braving a somewhat
stagnant demand for software services in the traditional
US market, India's software export revenues registered a
30 percent rise in dollar terms to cross the US$8
billion mark in 2002.
Back home, with an overall
growth of 9 percent, the domestic market stood at $4.9
billion in 2002, as users in government, banking and
finance, education and telecom sectors emerged as major
spenders.
According to a report released by IT
analyst Skoch Consultancy on Wednesday, over half the
revenues came from 1.8 million personal computers and
other hardware sold during the period in reference.
A significant one-fourth of the contribution in
exports came from IT-enabled services, the report said.
The global technology slump notwithstanding, the
Indian IT industry showed signs of resilience to record
an overall upsurge in almost every category. "The
industry is poised to maintain a rising graph in the
current year also as all other segments including
training, consultancy, systems integration continued to
perform positively," the report said.
However,
Internet penetration was a casualty of an all round poor
quality of service while networking suffered due to the
stagnating investments in the Internet infrastructure.
