President calls for USD 200 bn Indian ICT market

President A P J Abdul Kalam today asked the Indian IT industry to focus more on high end products while projecting that the market for information, Communications and Technology would touch USD 200 billion by the year 2010.

Kolkata, Dec 06: President A P J Abdul Kalam today asked the Indian IT industry to focus more on high end products while projecting that the market for information,
Communications and Technology would touch USD 200 billion by the year 2010.

Speaking at Infocom 2006, jointly organised by Nasscom and business world, Kalam said here that with West Bengal emerging as a major force in the ICT sector. Industry source estimate the present market size at USD 30 billion.

He said the Indian IT sector should focus more on high-end product development to make the ICT industry grow to that extent.

Kalam said in the mid-1990s, the growth of the ICT sector was non-linear. However, the industry was expected to grow at a sequential growth of around 25 per cent to 27 per cent with USD 60 billion of exports by the year 2010.

Kalam also urged the software industry to focus on other areas under the national e-governance plan.

The President suggested that the it industry should promote creation of BPO industry in tier 2 cities, establishing joint ventures with countries like Philippines and Korea and providing connectivity to rural people.

Bureau Report

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