The exports figure is expected to touch the Rs 400 crore mark in 2001-02. These figures just relate to the organized sector. Prof. Vasani said the total IT exports of India has been Rs 17,000 crores. This kind of growth has been achieved due to aggressive campaigning done by the state government after 1998. Prof. Vasani said the slowdown of the IT industry will not affect the state as Indian IT companies have registered a growth.
Indian software is more cost efficient and of superior quality than that of say China.
The state has 350 IT companies registered with the Software Technology Park of India. The export revenue through STPI is Rs 100 crores. There have been 1,600 schools in the state that have taken up the computerization programmed and the there have been a 100 per cent increase in IT seats in polytechnics and a 50 per cent increase in MCA seats in Engineering colleges. He said the ambitious Science City project of the state government would be completed in two phases. Rs 66 crores will be spent in the first phase while Rs 300 crores will be spent in the second phase which will be completed within three years from finalization of the tender.