March 8, 2021




Nasscom’s executive council to be re-morphed

Nasscom’s executive council to be re-morphed

nasscom

Nasscom is recasting its executive council to make the lobby organization more effective and representative of the fast-changing industry that is targeting revenues of $300 billion for 2020.

The restructuring of the organization has come into concern as the industry body has become ineffective and non representative as per the sources.

Smaller group companies like e-commerce, BPO and software products have said that they feel excluded from the group.

NR Narayana Murthy, who had previously led the panel constituted last year to make the industry body more relevant and effective, said that the executive council would include 27-members who would be representing IT services, BPOs, captive centers of global corporations, internet and mobile companies, software product firms as well as companies focused on the domestic market.

Around 30 software product companies had set up a separate group named iSpirit in order to discuss and develop software products ecosystem.

The panel constituted of great bodies like the co-founder of Google, Rajan Anandan, Dell India head Ganesh lakshminarayanan, Nasscom founder-member Ashank Desai, Genpact vice-chairman Pramod Bhasin and Nasscom president Som Mittal including Murthy.

The panel not only aimed at recasting the executive council but also to propose seven key initiatives including expanding to newer markets, greater focus on start-up ecosystem, internet and e-commerce business.

A smaller team will now be set up by Nasscom for better access for Indian markets.

A national Skills Registry was also launched by Nasscom in 2006 which was similarly aimed towards giving a common database for the IT industry to each and every employee of India’s IT/BPO.