44% Increase in Software Exports & 24.75% in Pharmaceuticals

[War Thunder]

Pakistani Software related exports have increased by 44%
Pharmaceutical exports are up by 24.75%

 

[ziaulislam]

Two very important sector with huge potential...
But outsing india will be challenge

 

[touela]

Two very important sector with huge potential...
But outsing india will be challenge

I Think following Angela Merkel remark about India’s Pharmaceuticals export were there because EU “allowed” it, might have some some bumps on the road. Many European countries will start their own vaccine production and thereby not buy it from India anymore.

let’s see what happens.

 

[Kabira]

I Think following Angela Merkel remark about India’s Pharmaceuticals export were there because EU “allowed” it, might have some some bumps on the road. Many European countries will start their own vaccine production and thereby not buy it from India anymore.

let’s see what happens.

Or they will diversify imports to not depend on 1-2 country anymore.

 

[Surya 1]

Pakistani Software related exports have increased by 44%
Pharmaceutical exports are up by 24.75%

Great news . Cheers.

 

[Baz2020]

Doesn't matter. It really does not help the poor

 

[Enigma SIG]

Doesn't matter. It really does not help the poor

What?

This may be the most absurd thing ive read all day.

 

[313ghazi]

Doesn't matter. It really does not help the poor

It helps a whole load of other people, namely the working class and the middle class. It's people making an effort to earn money - why do have to be negative about that?

 

[SoulSpokesman]

@War Thunder

In the midst of a pandemic a commendable achievement!

Regards

 

[lightoftruth]

Two very important sector with huge potential...
But outsing india will be challenge

Since you brought India

Pharma

The industry is expected to reach $65 bn by 2024 and to $120 bn by 2030
The pharmaceutical industry is currently valued at $41 bn.
Generic drugs, with 71% market share, form the largest segment of the Pharmaceutical industry in India. This is set to grow as exports of generics to the US rise, as branded drugs worth $55 bn will become off-patent during 2017-2019. In the domestic market by revenue, Anti-Infectives (13.6%), Cardiac (12.4%) and Gastrointestinal (11.5%) had the biggest market share.

IT

#1 sourcing destination for IT-BPM globally
The IT-BPM industry stood at $177 bn in 2019 and is expected to grow to $350 bn by 2025. The IT-BPM industry is the largest contributor to the total exports of the country, with 43% of the IT-BPM services being exported in 2018. Total revenue from IT services and BPM for FY2019-20 accounts for $135 bn. The Indian data centre industry has attracted an investment of $396 million in 2020.
The sector is headed towards achieving $1 tn digital economy by 2022. The country has become the global digital capabilities hub with around 75% of global digital talent present in the country.


Good for pakistan but just get a reality check.

 

[Mrc]

Reality check is great like one delivered on 27 Feb 19

 

[lightoftruth]

Reality check is great like one delivered on 27 Feb 19

 

[Areesh]

Good for pakistan but just get a reality check.

Good

Now get a reality check and go give all those medicines to your own people who are dying on pavements

 

[lightoftruth]

Good

Now get a reality check and go give all those medicines to your own people who are dying on pavements

We are,

Go ahead collect some medicines yourself because Chinese coronavirus doesn't know borders....

 

[Invicta]

Pakistani Software related exports have increased by 44%
Pharmaceutical exports are up by 24.75%

The reality is that this will only grow if Pakistani companies and individuals working in this sector work with integrity and honesty. I have seen far too often in the UK when work is outsourced to Pakistan it is outstanding for the first few orders etc and then the lack of QA or just utter selfishness on the part of Pakistani companies and individuals destroys their reputations. In fact the effect is not just on them but other Pakistani companies as well suffer due to some bad eggs.

Short term thinking needs to be changed to long term thinking and client retention - Pakistani companies are very lacking in both.