India's computer software and services exports are estimated to have surpassed the target and touched $23.49 billion during 2005-06, a 36.4 per cent jump over $17.21 billion registered in the previous year. According to the estimates of Electronics and Computer Software Export Promotion Council (ESC), the growth in rupee terms was 34.54 per cent in 2005-06.

"We are happy that the estimated exports for 2005-06 has overshot the target and there is an overall buoyancy in the exports as evidenced by the performance results released by major software and ITES companies in the country," stated DK Sareen, executive director of ESC. According to ESC estimates, the rate of growth in exports of computer software and ITES achieved in 2005-06 over 2004-05 at 36.46 per cent has maintained the same momentum as that witnessed in the previous year, despite the higher base. "This indicates that the rate of growth of computer software and ITES is on a sustained tempo," Sareen opined.

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