“In 2006-07, the performance of Information Technology-Enabled Services-Business Process Outsourcing (ITeS-BPO) was marked by double-digit revenue growth, steady expansion into newer service lines, increased geographic penetration and an unprecedented rise in investment by multinational corporations,” the survey said.
It said computer software contributed Rs 1,41,800 crore, while electronics hardware accounted for Rs 11,500 crore to total exports of Rs 153,300 crore. According to the survey, India was rapidly becoming an R&D hub with top global companies expanding their presence in the country.
