PM's address at NASSCOM 2007: India Leadership Forum
12 Feb '07
3 min read
It has utilized this openness to tap into phenomenal commercial opportunities that have emerged across the globe. We are committed to the growth of this flagship sector and will do all that is possible in the realm of the government to promote its sustained growth and success.
Last year, electronics and IT sector exports were estimated to be US $25 billion, crossing the magic figure of Rupees one lakh crores and accounting for a fifth of our exports. This made it the leading export sector of our economy.
I believe NASSCOM has set an export target of US$60 billion by 2010. But we must be more ambitious. Considering the way in which our economy and exports are rising, this target should be met by 2008 and by 2010, we should be looking at a target of US$80 billion.