New Delhi, 30th April 2019: Today, at the 5th edition of Lifesciences & Healthcare Innovation... View Details
NASSCOM, a not-for-profit industry association, is the apex body for the 154 billion dollar Indian IT BPM industry.
Prime Minister Shri Narendra Modi, referred to NASSCOM as a “revolution”, beyond its time-tested role as an association.
Established in 1988, NASSCOM has relentlessly catalysed the Indian IT BPM industry in its journey towards building an innovation led growth sector, with transformative business models, expanding its value proposition and becoming a partner of choice for global businesses.
Latest At NASSCOM
White House Immigration Announcement – Overview and initial implications
On Thursday, May 16th 2019, President Trump delivered a Rose Garden address at the White House on his vision to modernize America’s immigration system. The immigration reform proposal was developed by Jared Kushner, President’s advisor. President Trump’s speech reflects the framework that was developed by Kushner, it is light on specific details and the President said he was leaving it up to Congress to develop the specific legislative language.
Report Release: The benefits & Challenges Of a Workplace Crèche
The report aims to better understanding of employers’ obstacles and opportunities (real and perceived) to comply with the new mandate. Importantly it shows how the new regulation can positively impact key business drivers such as talent management, parents’ (including women’s) retention, and ‘Employer of Choice’ status.
5th Lifesciences & Healthcare Innovation Forum: A Recap
The event was held on April 30th in New Delhi’s Shangri-La Eros Hotel was a resounding success. This was the first time the event was held in the capital, and witnessed its highest ever turnout of 170 attendees. With Digital Propulsion of Universal Healthcare as its central theme, there was enthused participation from various stakeholders including hospitals, healthcare enterprises, technology entities, startups and most notably, a strong representation from policy makers and government.
CBRE-NASSCOM join hands to support tech startups looking to transform real estate
Property consultant CBRE has tied up with NASSCOM to identify and support startups that seek to transform Indian real estate sector with technological innovations. CBRE South Asia Pvt. Ltd. will conduct a 'Proptech Challenge' in collaboration with NASSCOM, which aims to identify budding startups working towards innovating and building technology solutions for the real estate sector.
Technology enables the Differently-abled to vote in Kerala
The Ernakulam constituency has about 9000 voters who are differently-abled – PwD. Till this election, the district authorities did not have aclear idea(read analysis)onhow many are able to successfully cast their votesdespitethe difficulties faceddue to their physical conditions. It was largely left to the political parties to make special arrangements for them to go to the booth and do the needful. A NASSCOM meeting with the Ernakulam District Collector Shri Muhammed Safirulla got this whole initiative started. The idea was to
Cyber Insurance in India: Mitigating risks amid changing regulations & uncertainities
Cyber Insurance global market is expected to grow at a CAGR of 27% from 4.2 Bn to 22.8 Bn from 2017 to 2024. In India, it’s at a nascent stage with 350 policies sold till 2018 but with a high adoption rate of 40% Y-o-Y growth from 2017 to 2018. The report succinctly captures the overall Cyber Insurance market insights globally and of India, drivers and challenges, and important prerequisites to make an informed decision.
Member consultation: CBDT’s draft rules on attribution of profits to PEs
The CBDT has on 18.04.19 released draft rules on attribution of profits to permanent establishments. These would have widespread ramifications for multinational companies that are having sales in India or users in India. The rules appear to be timed with a view to pre-empt the discussions on the digital economy at the OECD/ G20 and could also be a harbinger of the significant economic presence criteria.
Market Development Program to China
As part of our sustained efforts to support Indian SMEs' growth plans in new Emerging markets, we are taking a delegation to China from May 27th - May 31st, 2019 for 4 city roadshow viz. Guiyang, Wuhan, Dalian and Beijing. The NASSCOM China event aims to identify new market opportunities for our SME companies. Through our initiatives, we have already been able to help more than dozen Indian SME companies close business deals in China.
Policy Brief: RBI’s draft enabling framework for regulatory sandbox
In a move to promote technological innovations aimed at financial inclusion, the Reserve Bank of India (RBI) has proposed to set up regulatory sandboxes where startups can test new products, services or business models with customers in a live environment, subject to certain safeguards and oversight.
NASSCOM signs MOU for a Strategic partnership with Business Sweden to foster Indo-Swedish Innovation for Sustainability & Global Challenges
NASSCOM has signed an MOU for a Strategic Partnership with Business Sweden to foster Indo-Swedish innovation in areas of sustainability and global challenges. The program UNNATI is a by-product of the visit of Hon’ble PM of India, Shri Narendra Modi’s to Stockholm last year, wherein he signed a ‘Joint Declaration on Innovation Partnership for a Sustainable Future’ with the Swedish PM Stefan Lofven.
NASSCOM’s comments on the draft e-commerce policy
NASSCOM has submitted comments on the draft policy released by the DPIIT, Ministry of Commerce on February 22, 2019 for public comments. Our feedback focuses on the scope and objectives of the policy and three key themes – consumer protection, level playing field and data. Our specific comments highlight our feedback on each of the six sections of the proposed policy.
Keshav Murugesh appointed as Chairman of NASSCOM for 2019-20, UB Pravin rao, COO, Infosys gets selected as Vice Chairman
New Delhi, 5th April, 2019: NASSCOM today announced the appointment of Mr. Keshav Murugesh, Group CEO, WNS Global Services as its Chairman for 2019-20. Keshav takes on the position from his previous role as Vice Chairman of NASSCOM, succeeding Mr. Rishad Premji, Chief Strategy Officer and Board Member, Wipro Ltd.
NASSCOM-ICFA Roundtable on Policy Push For Agritech Ecosystem
NASSCOM and ICFA partnered to organise a roundtable to bring multiple central agencies and state governments together for a discussion with the technology sector. The meeting was attended by representatives from DIPP, Ministry of Agriculture, Ministry of IT, NITI Ayog, NABARD, Maharashtra State Innovation Society, Govt of Kerala, Bangalore Bio Innovation Center, AP Innovation Society, National E-Governance Division and Digital India Corporation.
NASSCOM DeepTech Club: A Tribe in the Making
On the dawn of March 18, 2019, NASSCOM DeepTech Club hosted its largest ever meet-up and Industry/ enterprise connect sessions in Bangalore. It received an unprecedented response with over 250 meetings taking place along with one round-table and was hosted in the NASSCOM 10000 Startups Warehouse facility at Diamond District, Domlur. This meetup was a part of the 4-month long mentorship program for highly curated deep tech industry product companies from NASSCOM Deeptech Club’s second cohort.
"NASSCOM works with diverse stakeholders to build focused initiatives that enable the growth of the sector through policy advocacy, skill building, research, startup programs, facilitate business and increase industry outreach."
The other side of the eCommerce coin Indian eCommerce story appears to be no less than a dream run, well positioned to contribute ~4% towards country’s GDP by 2022. Over the years, the eCommerce market has been overshadowed by B2C eCommerce in terms of popularity among masses. However, very little has been spoken about B2B eCommerce, which is far bigger than the B2C eCommerce and is a fast emerging space. Source: Strategic Review: IT-BPM Sector in India 2019: Decoding Digital Unlike B2C eCommerce, the market is led by categories such as consumer durables, mobile accessories, apparels, home...