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Byline: Our Bureau
India, which is currently heavily dependent on the US and European markets for its ICT (information and communication technology) exports, should look at newer geographies in order to stay ahead in the fast-changing IT global landscape.
The US and Europe together account for more than 90 per cent of the software exports from the country at present. Mr S. Radhakrishnan, Chairman, ESC (Electronics and Computer Software Export Promotion Council), on Wednesday said that there is a need to develop alternative markets in countries such as Southeast Asia, Latin America, Africa and Middle East to reduce the dependence on the atraditional markets'.