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computer 400ISLAMABAD: CEO and Chairman NetSol Technologies Ltd. Salim Ghauri said on Wednesday that IT industry in the next 5 years will be highly visible in the economy of the country.

Talking to a private news channel, he said over 1000 IT companies are working with over 100,000 employees, generating over a billion dollars in IT export today .     In the next 5 years, this number will change dynamically and IT industry will be contributing very much to the economy.

He said IT industry has reached its mature stage and it has been progressing since 20 years though its work is not visible but it continues silently.

He said due to rapid progress in the field of IT , the name of Pakistan was included in the list of best IT countries.

He said Pakistan is doing 5 billion's export in IT industry and it is at No 2 in the IT services of the world .

He said continuous work is carried on in the IT software and progress is being achieved rapidly in almost all of its areas including mobiles, telephony, internet etc etc adding 1500 teams are working in this sector.

He said that next five years are very significant for exploring more innovations in the IT industry as it is contributing positively in the economy of the country.

Salim Ghauri said the govt should take care of IT software and services exemption issue immediately as it will be expired by the year 2016.

He said IT industry is young so it needed govt's attention towards this sector otherwise it may be weaken.

He hoped that our IT Services is contributing enormously as Pakistan is in a normal situation now and threat of terrorism has also been diminished.

Copyright APP (Associated Press of Pakistan), 2012

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