B.V.R. Mohan Reddy01

B.V.R Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Limited. Speaking about the purpose of the MoU between JNTU and Kakinada, further declaring the annual export results. Over the last 10 years the industry has seen a 10 fold growth. Looking at the software industry it is about 6.4% GDP of the nation, about 14% of the export community, 10% of the service sector of India. The growth projections indicate that the industry would growth another 100 folds over the next 10 years. The exports are bound to grow. The domestic market would grow by about $ 28 billion dollars. Further talking on the employment statistics.