Large number of UAE firms likely to participate in Indiasoft expo

A large number of UAE companies are expected to participate in the upcoming Indiasoft 2013 exhibition which will be held on March 21-23 in India, said a senior official.

“We are targeting and aiming companies from Dubai to participate in this great event. We will make all efforts to ensure a large number of delegations visit the greatest IT show of the world which is to be held in India. We will also have road shows, one-to-one meeting for this purpose in Dubai, said Kamal Vachani the Honorary Regional Director of Electronics and Computer Software Export Promotion Council (ESC) for the UAE and Middle East.

ESC is India’s apex ICT export promotion organization.

He said the exclusive avenue will have over 100 Indian IT companies catering a host of solutions with value additions, three dimensional growths in skills, technology and expertise.

The Electronics and Computer Software Export Promotion Council will host around 120 IT buyers from Latin America, Africa, CIS & Asean region who will be converging for business networking.

Indiasoft 2013 will facilitate building of competencies by providing Indian participants an in-depth understanding about technology, market development and demand dynamics which assists in strengthening their foothold globally, said Vachani.

Vachani said Middle East countries are the second largest destination for India's export of electronics goods. Export of electronics hardware to Middle East countries increased from $1,274 million in 2010-11 to $1,833 million in 2011-12, thereby registering a growth of 44 per cent; while exports of computer software and services registered a growth of 20 per cent during 2011-12 over the year 2010-11.

In value terms, export of computer software and services to Middle East countries increased from $1,728 million in 2010-11 to $2,073 million in 2011-12.

Export of electronics hardware to UAE during the past 3 years has increased from $450 million during the year 2009-10 to $1,030 million in 2011-12.

During the first six months of fiscal 2012-13, export of electronics hardware from India to UAE is estimated to be $478 million as compared to $467 million estimated for the corresponding period in the previous period, said Vachani.

Vachani further added that export of softwares to UAE during the past 3 years has increased from $315 million during the year 2009-10 to $811 million in 2011-12. 

During the first six months of fiscal 2012-13, exports of softwares/services from India to UAE were estimated at $410 million as compared to $390 million for the corresponding period in the previous year.

The growth in export to Middle East countries clearly shows the rising interest amongst the Indian ICT exporting community to explore Middle East and neighboring countries for export prospects. 

Vachani said this year during Gitex more than 40 companies had participated and secured sizeable business enquiries. The overall growth of software exports and IT enabled services (ITES) from India to this part of the world is increasing and we are very positive in growth in the coming years, added Kamal Vachani.

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