Abbreviation | NASSCOM |
---|---|
Formation | 1 March 1988 |
Type | Non-governmental trade association |
Purpose | Policy advocacy |
Headquarters | Noida, Uttar Pradesh, India & New Delhi, Delhi, India |
Services | Business promotion, networking, policy reforms |
Fields | Information Technology (IT) Business Process Management (BPM) |
Members | Over 3,200 companies |
Key people | Rajesh Nambiar (Chairman) [1] Debjani Ghosh (President) [1] |
Affiliations |
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Website | www |
National Association of Software and Service Companies (NASSCOM [2] ) is an Indian non-governmental trade association and advocacy group that primarily serves the Indian technology industry. Founded in 1988, NASSCOM operates as a nonprofit organization and serves as a key entity within the Indian technology sector. [3] [4] [5]
In 2013, NASSCOM initiated a program to promote 10,000 startups in India by 2023. [6] NASSCOM sponsors events that target startups in India. [7] Events include:
NASSCOM organized the NASSCOM International SME Conclave in January 2019 [11] and the FISITA World Automotive Congress in October 2018. [12]
The Telangana AI Mission (T-AIM) collaborated with NASSCOM to implement the Investor Connect program, benefiting 30 startups in India as part of the Revv Up accelerator program. Additionally, NASSCOM has established multiple partnerships, including one with the Karnataka State Higher Education Council. [13]
NASSCOM members include various information technology and business process management companies. Its members are generally:
Nasscom membership is categorized as follows:
The organization's core focus has been ensuring high service quality standards and upholding intellectual property rights within the Indian software and BPM industries. As of January 2024, more than 2,000 information technology services companies were members of NASSCOM, including domestic software and ITES companies and multinationals operating within India, pushing the total members to 3,200 and counting. NASSCOM accounts for 90% of the industry's revenue and enables the association to drive local, national and global initiatives.
Employees and members of the executive council of NASSCOM include: [1]
Among the founders of NASSCOM were Nandan Nilekani, Siva Nadar, and Narayana Murthy. These industry leaders, along with other key figures in the Indian IT industry, collaborated to form NASSCOM to promote and represent the interests of the software and services industry in India. Notably, NASSCOM has evolved over the years under the leadership of various industry professionals, and its operations have expanded to include IT and business process automation services.
The primary objective of the establishment of NASSCOM was to act as a catalyst for the growth of India's IT and Business Process Automation industries. The founders envisioned an industry association to bring together key stakeholders to address common challenges and promote the interests of the rapidly growing IT sector in the country. The specific objectives of establishing NASSCOM are as follows:
Over the years, NASSCOM has been instrumental in shaping the trajectory of the IT industry in India. It has evolved to address the sector's changing needs. It has played a key role in positioning India as a key player in the global IT and business process automation landscape.
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Vibrant Gujarat, also referred to as Vibrant Gujarat Global Summit, is a biennial investors' global business event that is held in the state of Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit is advertised as a platform to understand and explore business opportunities in Gujarat. The summit's primary objective is to promote Gujarat as an attractive investment destination and to facilitate partnerships and collaborations across different sectors. Summit began in 2003 and is now held every two years.
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