Question:

According to NASSCOM, during the fiscal 2002-03, Indian software industry's exports will achieve a revenue of

Updated On: Oct 1, 2024
  • $6.9 billion
  • $8.5 billion
  • $10.1 billion
  • $12.5 billion
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The Correct Option is B

Solution and Explanation

The correct option is (B): $8.5 billion
According to NASSCOM (National Association of Software and Service Companies), during the fiscal year 2002-03, the Indian software industry's exports were expected to achieve a revenue of $8.5 billion. This reflected the growing impact of India's IT and software services sector on the global market during that period.

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