Home Business IT exports surge 42pc to $635m in first quarter: Dawood

IT exports surge 42pc to $635m in first quarter: Dawood

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ISLAMABAD: The information technology (IT) exports increased to $635 million in the first quarter (July-September) of the current fiscal year 2021-22, showing a growth of 42 percent on a year-on-year basis. Adviser to the PM on Commerce and investment Abdul Razak Dawood announced this through a tweet on Monday, saying, “I am pleased to announce that Pakistan’s IT & IT-enabled service in the Q1 of FY 2021-22, exports increased to $635 million from July to September compared to the exports value of the last year, which stood at $445 million, showing an increase of 42% YoY growth.” He congratulated all the stakeholders for their efforts and dedication. “Also, by seeing how the IT sector is growing, I am optimistic that we will cross the IT exports target for FY of 2021-22,” he further said in another tweet. TLTP