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Response to Dr. Roy Re. Software Exports
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Dr. Roy,
Let's start with a few basic questions.
If an Indian software company, announces that its revenues for a given
period were, for example, $100 million, 98% of which were exports. And
that
these figures have been "independently verified" by the company's
financial
auditors. Would you accept the $98 million figure as a valid basis of
measurement for that company's exports for the given period?
Likewise, when Reliance announces that its chemical exports are X, or
when
Ford (India) announces it exported Y worth of vehicles, would you accept
those figures?
The empirical evidence, such as:
- construction of IT parks in software cities such as Bangalore,
Hyderabad,
etc,
- the high visibility of Indian programmers working in US companies
- high profile US companies announcing major investments and/or
expansion of
their India software development centers.
suggest that the software export phenomenon is for real and will have a
major impact on the Indian economy, if it can be sustained. "Whether
the
actual software export figures is X or Y?" is not as important a
question as
"how can we sustain or even accelerate India's software export growth
rate?". Focusing the discussion on the latter, would, I feel, be a more
constructive use of your time with respect to improving the Indian
economy -
rather than quibbling about the numbers.
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