Which one of the following is contributing to the large amount of foreign exchange?
Which one of the following is contributing to the large amount of foreign exchange?
The correct option is D Export of hardwares and softwares
D. Exports of Hardware and software.
Indian software exports are huge – roughly US75bnin2014/15(andc.US100bn if BPO services are included) – and continuously registering double-digit annual growth. The location of production has changed. In the early 1990s, 75% of work took place on-site, 25% in India. By 2013/14, it was said that 20% of work took place on-site, 80% in India. This means that net foreign exchange earnings will have risen as a proportion of gross since offshore work requires much less foreign exchange outflow than on-site working.
Middle East countries remain the top destination of export for Computer Hardware during the year 2011-12. Personal Computer has emerged to be the top item of export during the year 2011-12.
D. Exports of Hardware and software.
Indian software exports are huge – roughly US75bnin2014/15(andc.US100bn if BPO services are included) – and continuously registering double-digit annual growth. The location of production has changed. In the early 1990s, 75% of work took place on-site, 25% in India. By 2013/14, it was said that 20% of work took place on-site, 80% in India. This means that net foreign exchange earnings will have risen as a proportion of gross since offshore work requires much less foreign exchange outflow than on-site working.
Middle East countries remain the top destination of export for Computer Hardware during the year 2011-12. Personal Computer has emerged to be the top item of export during the year 2011-12.
