Govt expects IT exports to touch $80 bn by 2011

The government said on Wednesday it expects IT exports to touch $80 billion by 2011, growing at an average rate of 30 per cent annum.

"Our IT exports were a few million dollars in the early 90s and now it is around $37 billion... We expect the IT exports turnover to touch 80 billion dollars by 2011, growing at an annual rate of 30

pc per annum," IT Minister A Raja said at a function.

"We are confident that our exports will boom despite the perceived odds against outsourcing and increasing competition," he said.