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Hardware Exports Up 50 Per Cent

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Our Corporate Bureau BUSINESS STANDARD

Hardware exports from India have grown by 50 per cent to Rs 1,800 crore in 2001-02 against Rs 1,200 crore in the previous year in value terms, said the Electronics and Computer Software Export Promotion Council (ESC).

Export turnover of head stacks, which were the largest items among hardware exports, rose 9.37 per cent to Rs 920 crore during 2001-02 over Rs 811 crore in the previous year, the ESC said in a statement.

The exports of switching mode power supply, the second-largest items exported from the country, registered a growth of 28 per cent at Rs 21 crore in 2001-02 as against Rs 16 crore in the previous fiscal.

 

The council said Singapore, Hong Kong and other countries in the region have emerged as a major destination for computer hardware exports and the total export to this region rose by 20 per cent to Rs 1,325 crore during 2001-02 over Rs 1,107 crore in 2000-01.

The other important destinations for export of hardware during 2001-02 included Europe, the US, Middleeast, Australia and Africa.

According to ESC executive director D K Sareen,

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First Published: May 12 2003 | 12:00 AM IST

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