IT exports from Telangana STPI units grew 13% in H1

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Beating the pandemic blues and indicating a robustgrowthin the Software exports, Software Technology Parks of India (STPI) units inTelanganahave exported IT Services worth Rs 45,000 crore in the first half of the current financial year clocking a Growth of 13% as against the year ago period,STPI(Hyderabad) director CVD Ramprasad said.

Hyderabad Software Enterprises Association (HYSEA) president Bharani Kumar Aroll pointed out that if the exports of non-STPI units are taken into

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account, the overall exports growth would be much higher in the period under review. In fact, is gunning for doubling itsIT exportsfrom the existing Rs 1.45 lakh crore to Rs 3 lakh crore in the next five years.

The summit will be held on December 16 on the theme Digital Convergence: Touching Lives and Businesses. It will see more than 30 startups showcase their products and compete for Awards in six different categories. Additionally, Hyderabads Hot 10 startups will also be chosen by HYSEA.