Bangalore, March 5, 2013: An independent Expert Committee chaired by Infosys Chairman Emeritus N.R. Narayana Murthy , has suggested a new vision for NASSCOM, India's association of the software and IT services industry, where the thrust would be on Internet & Mobile (content and commerce), software product and the domestic market. The Committee which presented its report yesterday, says NASSCOM should re-align its structure to specific verticals and enablers like IT Services, Business Process Managemen, R&D, Internet & Mobile, Products.It is also recommended that the Executive Council (EC) be reconstituted to have adequate representation for seven identified priority verticals
The committee has addressed recent concerns that NASSCOM has ignored the interests of thousands of small and medium sized IT businesses and has become in effect a big boys club, perpetuating control by a dozen large players. Urgency was also injected by the recent formation of new industry bodies like iSPIRT ( for the software products sector), which was generally perceived to be a break away from NASSCOM.
The commmittee has reiterated that India can build a $ 300 billion industry by 2020.
Besides Murthy, ts members were: Krishnakumar Natarajan, CEO of Mindtree; Rajan Anandan, Managing Director of Google; Ganesh Lakshminarayanan, President of Dell India: Ashank Desai, founder of Mastek; Pramod Bhasin, former CEO of Genpact and Som Mittal, President, Nasscom. The membership of NASSCOM some 1300 strong, is currently rather skewed towards bigger players, leaving the bottom of the pyramid untouched.