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Romania set to emulate India's IT feat

After the industrialised countries, it is now the turn of the erstwhile communist state of Romania, which is all set to emulate India's success in the information technology sector, but with a difference.

While the US, the UK, Germany and France have utilised the services of Indian IT and computer experts in a big way and are still wooing them, Romania with its highly skilled and low-cost labour force, is dreaming to duplicate India's success in software industry.

The fast growth in software in Romania makes local companies 'dream' of duplicating India's success, media reports in Germany said in an assessment of the country's IT industry.

The reports said software developers looks to be ''chips off India's block'' in the wake of Romania's software industry drawing world-wide interest.

Romania seemed to enjoy the same advantages of India benefiting from highly trained, low-cost labour force, it said, adding that no other sector of the economy claims comparable export growth like the small but thriving software business and none seems more attractive to foreign companies than this sector.

A study by the University of Manchester in England was quoted to suggest that India's software exports rose to nearly $5 billion in 2000 from $130 million in 1991.

In the case of Romania, software exports rose in 1999 to $30 million, nearly triple the level in 1997.

''Software production has become a real industry, and Romania has an extraordinary potential to develop it further," a software specialist was quoted in the reports.

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