Bangalore, 09th April 2019: The National Association of Software and Services Companies (NASSCOM),... 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
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 Executive Council Election 2019-21 Results Announced
The NASSCOM Executive Council election 2019-21 had commenced on 5th of February, 2019 and attracted 63 nominations. The voting for the election concluded 26th of March, 2019. The result is out today (27th of March, 2019) and top 18 candidates that secured the maximum votes have been elected for the period 2019-21. The list is provided for your ready reference.
Israel Tech Alliance Program 2019
We are pleased to apprise you on our recently concluded Israel Tech Alliance program that was held on 5-8 March 2019. The program was a combination of awareness of the tech landscape, meeting all the relevant stakeholders, focused B2B’s for our members, exploration of potential co-creation models. The participants were a nice mix of large IT services companies, SMEs, GCCs, Product companies & Start-ups.
The Brexit vote
The UK Parliament on March 12th inflicted a defeat on PM May, rejecting her Brexit deal by 242 to 391 – a majority of 149. While this is a smaller margin of defeat than it was in January 2019, (majority against her was 230); the big question now is what, if anything, the PM can salvage from here.
Enabling Work from Home for Employees in IT SEZs
After series of deliberations and Government engagements by NASSCOM, the work from home provisions are now amended by Ministry of Commerce in line with our recommendations. On March 7, 2019, Ministry of Commerce has allowed the provision of work from home for employees working in IT Special Economic Zones (SEZs).
MeitY's Report on India’s Trillion-Dollar Digital Opportunity
India’s Trillion-Dollar Digital Opportunity is an endeavour of MeitY to present ‘India’s Digital Vision’ and the potential of India to attain $1 trillion of economic value of digital economy by 2025. The primary objective of this study is to recognize the progress made by India on digital adoption and to identify gaps yet to be filled and to determine what needs to be done to ensure progress.
NASSCOM welcomes the latest initiative by DPIIT to exclude startups from the ambit of Angel Tax
The latest changes do away with the requirement on the startups to seek protection from the angel tax everytime they want to raise funds. The startups already facing problems due to the existing provisions should be able to benefit from the revised proposal.
Industry Performance: 2018-19 and what lies ahead
The NASSCOM Press briefing held on Feb 20, 2019 covers global trends (global economic growth, global tech spend and key new technologies changing businesses); it also gives an overview of Indian IT-BPM Performance for FY2019 (a USD 181 billion market, a 7.9% growth in constant currency terms) and highlights global outlook for 2019. Digital business is now central to IT-BPM industry and the deck offers a framework of various digital metrics that companies are tracking to measure digital business.
India Next – Leading the Change
In 2018, India overtook China as the fastest growing major economy in the world. This historic economic growth has been propelled by government reforms, business innovation, and a dynamic young workforce. At a time when the global working-age population is declining, India is set to make massive gains from its demographic dividend.
Turning India’s Big Audacious Goal into Reality
The 10 Trillion $ economy vision in the next 8 years is exactly the kind of a big audacious goal India needs to step out of the comfort zone we are in today. To get to $10 Trillion in 8 years, we will have to grow a little over 10% vis-a-vis the current growth rate of ~7.5%, and precisely why incremental improvements is NOT going to cut it.
Key Highlights of Interim Budget 2019 - Impact on Technology sector
The Interim Budget for the financial year 2019- 20 was presented in the Parliament on 1st February 2019. Since it was an interim budget no significant policy announcements were expected. From the IT sector perspective, the focus on digital India mission is as per expectations and it would be important for NASSCOM and its members to work closely with the Government to shape the digital ecosystem.
"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."
Enduring a stillbirth can be a traumatising and painful experience for parents. In 2015, there were 2.6 million stillbirths globally, with an average of 7,178 deaths per day. Most of these stillbirths take place in under-developed or developing nations, and due to a significant delay in reporting abnormalities in pregnancy parameters and milestones. The window for detection of stillbirths specifically is narrow, in most cases 24 hours. Unless there is a convenient and accurate way to monitor foetal movements and possible distress, it becomes challenging to treat the condition. This was the...