TCS tops in exports
The Financial Express — June 20, 2005

Tata Consultancy Services (TCS) has emerged as the leading ITsoftware and service exporter in India, clocking IT software and services (excluding ITE5-BPO) revenues of Rs 7,449 crore followed by Infosys at Rs 6,8Q6 crore and Wipro with Rs5,426crore respectively. Accordingto the Nasscom survey of Top 20 IT software and ser-vice exporters in India (excluding ITES-BPO revenues), the Indian software and services employee base has grown at a CAGR of 23.6%, from 242,000 in 2001-02 to 697,000 in FY 2003-04.

Nasscom president Kiran Karnik said, "despite a larger base, the Indian software and services industry has been able to maintain its growth momentum and delivered better-than-expected results. Software exports, the main stay of the industry, grossed $ 12 billion in FY2004- Q5, up from $9.2 billion in 2003-04, indicating growth of 30.4% for the year"