Tamil Nadu's IT, ITeS exports pick up pace in 2017-18, grow 8.55%

This is significant as the state, facing a decline since 2014-15, had reported a modest three per cent IT-ITeS export growth rate last year

The value of information technology (IT) and IT-enabled services (ITeS) exports from Tamil Nadu, South India’s third-largest exporter in the segment in recent times, grew 8.55 per cent in 2017-18 over a year earlier to Rs 1,111.79 billion. This is a significant pick-up, given that the state, facing a decline since 2014-15, had reported a modest three per cent IT-ITeS export growth rate last year.

Industry leaders from Tamil Nadu said the state’s exports in the segment had been growing at a higher rate than the national average and that was a good sign for industries in the state. The IT