IT Sector Exports Record New Growth of 43%
Check Also: PSEB to Engage Commercial Counsellors To Enhance IT Sector During this period, the computer services grew by 46.56 per cent as it surged from $812.040 million last year to $1190.110 million during July-March (2020-21). Among the computer services, the exports of software consultancy services witnessed an increase of 25.11 per cent, from $314.418 million to $393.374 million. In comparison, the export and import of computer software-related services also rose by 24.69 per cent, from $236.501 million to $294.887 million. Moreover, the export of information services also increased by 72.99 per cent by going up from $ 1.740 million to $3.010 million. Pakistan’s IT exports grew by 58 per cent during March 2021 and will expectedly cross the $2 billion mark by the end of the current fiscal year for the first time, with the projection to reach $5 billion by 2023 and $10 billion by 2030. It needs to be noted that the growth levels have been consistent throughout the current fiscal year. Source: TechJuice
