Sunday, January 21, 2007

Egypt vs. India in IT Exports

According to Business Today Egypt, Egypt's IT sector was worth $70 million in 2002. Egypt IT exports amounted to $105 million in 2005 while those of India reached $12.2 billion in 2004.

Currently, Egypt's IT industry is valued at $250 million while that of India is valued at $30.4 billion. By 2010, Egypt aims to reach $1.2 billion in IT exports, while India aims to reach $96.9 billion by that time.

I hope these numbers act as a wake up call for Egyptians working in the IT industry and make them realise the potential ahead of us.