Software exports from Nashik doubles

Nashik-based STPI (Software Technology Park of India)-registered units have registered a 116 per cent growth in software exports in fiscal 2006-07. Moreover, STPI, is eyeing a similar growth in during fiscal 2007-08 too.

According to reliable sources, software export from Nashik is expected to touch Rs 150 crore by the end of fiscal year 2008-09.

ITPO industry in both Mumbai and Pune has reached a saturation point. As Nashik is equidistant from both Mumbai and Pune, many ITPO firms are eyeing to extend their base in Nashik.

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. eLuminous Technologies.. An Indian IT Company