Centre encourages IT cos to focus emerging markets -Governance Now

Centre encourages IT cos to focus emerging markets

Indian companies, specially SMEs, should focus at new, emerging markets, said Commerce joint secretary J K Dadoo

PTI | February 22, 2012

The government is encouraging Indian IT companies to focus on emerging markets for steady growth in the sector, Ministry of Commerce joint secretary J K Dadoo said here.

"The emerging markets offer huge potential and they are growing very fast. Indian companies, specially small and medium, should focus at new markets and emerging markets," Dadoo said.

He was speaking at Electronics and Computer Software Export Promotion Council's (ESC) curtain raiser for IndiaSoft 2012.

Latin American countries, Middle East and Africa are among a few destinations and these have expanded in excess of 20 per cent in 2010-11, he said.

Dadoo said Director General of Foreign Trade will be meeting software companies on February 23.

ESC chairman S Radhakrishnan said the B2B show will be held at Hyderabad between March 21-23 and some 400 delegates are expected to participate from 60 countries.

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