Nashik Posts 116% Software Exports Growth In Fiscal 2006-07

Nashik: Nashik-based STPI (Software Technology Park of India)-registered units have recorded a 116 per cent growth in software exports in fiscal 2006-07. Software export from Nashik is hoped to reach Rs 150 crore by the end of fiscal year 2008-09. ITPO industry in both Mumbai and Pune has reached a saturation point. So far, around 19 units, including Tricom India, WNS Global Services, Aress Software and Education Technologies, Object Edge Software, Web DreamWorks, Thinking Minds.Com, eLuminous Technologies, ESDS Software Solutions, Winjit Technology, Webminds Infotech, Gega Infotech, Kaizen Overseas, MaGaJa InfoTech, Neumann Systems Software, Net Solutions India, Illusion Graphix and Sai Softwares have been registered with the STPI, for the software export. Software export from Nashik has increased 116 per cent to Rs 26 crore during fiscal 2006-07 compared to last year. The software export from Nashik was Rs 12 crore in FY 2005-06 and Rs 9.5 crore in FY 2004-05.