Electronics and Computer Software Export Promotion Council releases Strategy Paper on Computer Software and Electronics Exports

Electronics and Computer Software Export Promotion Council releases Strategy Paper on Computer Software and Electronics Exports

May 28, 2018 IT and ITeS, OPS, states 0

In a recent Press Information Bureau announcement dated 24th May, 2018, we are informed that the Union Minister for Commerce & Industry, Suresh Prabhu has released ‘Strategy Paper & Business Plan of India’s Computer Software & ITeS and Electronics Export (“Strategy Paper”)’.

The Strategy Paper has been prepared by the Electronics and Computer Software Export Promotion Council.

Key Highlights of the Strategy Paper:

  1. Enhancing software exports to US$ 178 billion by the year 2022.
  2. Policy level changes aiming at resolving visa problems with the US; greater access of professionals to European countries; early signing of Totalisation Agreement with the US; setting up of incubation centres and language proficiency facilities in major IT hubs.
  3. Specific policy prescriptions, market destinations and other enabling inputs that can bring about transformational changes in the Indian software and services exports.
  4. Specific suggestions on blending software and hardware; creating newer export outlets; fiscal incentives; country specific software export promotion measures; etc.

Source: Press Information Bureau

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