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UAE emerged as one of top buyers of electronic hardware from India

: Thursday, August 07 - 2014 @ 09:49

According to latest figures released by Electronics and Computer Software Export Promotion Council (ESC), UAE has emerged as one of the top buyers of electronic hardware from India, zawya reported. It is estimated that electronics goods export to Middle East countries during 2013-14 is valued at $1738m up from $1630m estimated in the year 2012-13 registering a growth of 6.66%. Export of software and related services to Middle East has also registered an excellent growth of 11.74 % Export of software and services increased from $1852m estimated in 2012-13 to $2069m estimated in 2013-14. India’s total export of electronics hardware during 2013-14 is estimated to be $7664m and that of computer software and services is estimated to be $84009m. The Middle East region is one of the fastest growing ICT markets in the world. High growth prevails across all segments, and the market is driven by economic diversification and various e-government initiatives in sectors like finance, communications and manufacturing.

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Thursday, August 7- 2014 @ 9:49 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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