IT exports increased by 29.92% in 8 months

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The Information Technology exports have surged at the growth rate of 29.92 percent in the first eight months of the current financial year.

“ICT export remittances, including Telecommunication, Computer and Information Services for the period July 2021 to Feb 2022 have surged to the US $ 1.689 billion at a growth rate of 29.92 pc in comparison to the US $ 1.3 billion during the same period in FY 2020-21,” said an official of the ministry of IT and Telecom.

He said, in February 2022, the ICT export remittances were US $ 201 million at a growth rate of 12.29 pc when compared to US $ 179 million reported for the month of February 2021.

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