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$9bn software exported from TCS, Infy, Wipro in FY07

$9bn software exported from TCS, Infy, Wipro in FY07
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First Published: Sun, Jul 01 2007. 02 29 PM IST
Updated: Sun, Jul 01 2007. 02 29 PM IST
PTI
New Delhi: Tata Consultancy Services, Infosys and Wipro, the country’s top three Information Technology firms, account for approximately $9 billion (Rs 39,260 crore) software exports during 2006-07, according to a Dataquest survey.
The exports from top 10 IT companies crossed $15 billion (Rs 68,236 crore) during last fiscal, according to the industry survey and analysis.
The top software exporter Tata Consultancy Services earned revenues of Rs 15,881 crore during the year at a growth rate of 38% from exporting software and services.
Infosys’ revenues stood at Rs 13,025crore growing by over 45% rate while Wipro’s revenues touched Rs 10,354 at a growth rate of 39%.
Tech Mahindra, which stormed into the top 10 this time, emerged as the largest growing IT company with a growth rate of 135% and revenues that stood at Rs 2,890 crore.
Seven of the top 10 software firms are Indian multinational companies. The software and services exports of India development centres of foreign multinational companies that made it to the Top 10 list include IBM, Cognizant and Oracle which together accounted for business generated to the tune of Rs 13,127 crore.
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First Published: Sun, Jul 01 2007. 02 29 PM IST
More Topics: TCS | Infy | Wipro | software export | Corporate News |