Madurai Software Companies: IT Exports turning to Dubai, UK/Europe from USA

Considering the slowdown in USA, weakening of the dollar in US, IT demand is getting temporarily slowed down.

IT product exports from India is changing its focus to Dubai, UK, including other countries in Europe. Exports of Indian IT products to the Middle East are expected to cross the $1.30-billion mark this year - an increase of 30 percent compared to $1 billion in 2007.

This is a way to go for a GLOBALIZED MARKET and GLOBALIZED ECONOMY in Madurai, Tamil Nadu, India.

Be aware of this fact - for the software companies in Madurai, if you are starting a business in Madurai and be benefitted/profitted.