"Since the development of RGCTP is going in full swing and all the major initiatives of the administration materializing in the coming years, the software exports from Chandigarh alone are expected to touch cross Rs 1000 crore by 2011," an official spokesman said here today.
Stating that the setting up of RGCTP has really pushed up the IT export from here, he said the software and IT exports from the city has risen to Rs. 400 crore in 2007-08 against just Rs. 56 crore of exports in 2004-05.
Moreover, city now commands whopping 59 per cent share in total software exports of Rs. 678 crore from Chandigarh, Mohali and Panchkula.
The allotment process of land in Phase I and II in RGCTP has been completed and keeping in view the demand for more IT space, the administration has already drawn out an ambitious plan for developing the Phase III of RGCTP which involves development of 270 acres, he said.