India’s export of IT, ITeS BPO services grows by 14.8%
Q. India’s total export of IT, ITeS and BPO services grew by how much in 2014-2015, according to RBI data?- Published on 09 Dec 15
b. USD 82 billion
c. Both of the above
d. Neither a nor b
ANSWER: Both of the above
India’s total exports of the IT, ITeS and BPO services grew by 14.8% to USD 82 billion/INR 5.01 lakh crore in the year 2014-2015, as per RBI data. RBI also said in the Survey on Computer Software and IT enabled Services Exports: 2014-2015 that exports of computer services grew 72% and 28% for computer services and ITeS/BPO roughly. Public limited companies constitute 55.6% and as per RBI survey, US and Canada will persist in being major destinations, accounting for 60% of total software services export in 2014-2015.