India software revenues seen crossing $40 bln

India's software revenues from exports are seen crossing $40 billion in FY08, an industry body said on Monday.

The total software and services revenues, including domestic market, is seen rising more than 33 percent to reach $64 billion in FY2008, the National Association of Software and Service Companies (Nasscom) said.

Earlier, it had estimated software services revenues to rise 24 percent to 27 percent to $49 billion to $50 billion in the year to March 2008.