Software exports from kerala have grown at 43.41%

While India’s overall software exports have slowed down on account of the global slowdown, those from Kerala grew 43.41 percent till February-end, fetching a revenue of Rs.2,300 crore.

“While the STPI (Software Technology Parks India) figures for the country show a growth of 17.62 percent till February-end this fiscal, software exports from Kerala have grown at 43.41 percent,” said an IT department official.

According to him, software exports from the state touched Rs.1,750 crore for 2007-08.

STPI, is a society set up by the central government in 1991, with the objective of encouraging, promoting and boosting the software exports.

There are 250 software companies in the state, of which 170 are based in the Technopark information technology campus here and 40 at the Infopark campus at Kochi.

“According to the STPI figures, the Technopark and Infopark together account for 25 percent of the total exports from tier-two and tier-three cities in the country and this is good news for those IT companies looking to shift operations from the metros,” the IT official added.

Currently, there are 26,000 employees at Technopark and another 8,500 at Infopark.