- IRDAI sets a target of 5 years for life insurance companies for greater penetration; proposes state-level committee
- Dalal Street Corner: Bank, FMCG stocks help Nifty clear crucial hurdle of 15,800; what should investors do on Tuesday?
- Despite windfall tax, brokerages remain bullish on oil & gas stocks; see up to 70% upside on ONGC, Oil India
- Rupee settles flat at 78.94 against US dollar
- Akasa Air showcases crew uniform; conducts proving flight test
Telangana IT/ITeS exports register healthy growh of 16.89 %
Telangana's IT/ITeS exports registered a 16.89 per cent growth in 2018-19 in comparison to expected national average of around 8-10 per cent, officials said Saturday.
Telangana's IT/ITeS exports registered a 16.89 per cent growth in 2018-19 in comparison to expected national average of around 8-10 per cent, officials said Saturday. The IT E &C (IT, Electronics and Communications) department released its annual report (2018-19) for the fifth successive year as part of the state formation day celebrations, a release said.
The formation day would be celebrated on Sunday. "Telangana IT/ITeS exports achieved a healthy 16.89 per cent (growth) during 2018-19 in comparison to expected national average of around 8-10 per cent," a release said. Telangana IT sector generated direct employment to 5,43,033 people with 67,725 new professionals joining the workforce during the last year, it said.
Telangana is steadily marching ahead in achieving the target of doubling its IT/ITeS exports, according to Principal Secretary (IT) Jayesh Ranjan.
"I would like to share that the state is steadily going forward on the path we designed to achieve the target of doubling our IT/ITeS exports and has almost achieved the ambitious target set five years back," the release quoted him as saying.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
08:07 am