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NASSCOM members form new 'think tank'

Posted: 05 Feb 2013     Print Version  Bookmark and Share

Keywords:software product  think tank  industry association 

The National Association of Software and Services Companies (NASSCOM) has clarified that the report in media about "30 software product companies to break-away from NASSCOM to form a new industry association" is incorrect.

According to a Times of India report, 30 Indian software product companies have come together to form a new association, marking the first break from the omnibus IT industry body NASSCOM and reflecting the growing confidence and maturity of the software product community.

"The association, called the Indian Software Product Industry Round Table or ISPIRT, has been formed with the vision that India now has the basic building blocks to develop a powerful software product industry that can help transform India," TOI reported.

"All of the founding members individually have strong customer bases in India or around the world. The objective now is to share expertise and experiences, and create a larger awareness in society and government about the critical role the industry can play—something they believe they cannot effectively do under the larger Nasscom umbrella."

In reaction to it, NASSCOM has released a statement that reads: "NASSCOM would like to state that the story is factually in-correct and misrepresentation of facts. As stated by ISPIRT the focus is to create a policy think tank on software products and not an industry association, so comments about break-away from NASSCOM are not factually correct."

"Of the 30 stated companies/individuals mentioned in the TOI article, most of the companies are NASSCOM members and are actively engaged in different NASSCOM initiatives."

NASSCOM has over 1,400 members which includes software product companies.

More than 300 software product companies are members of NASSCOM and additional 100 companies joined NASSCOM in this fiscal year.

"NASSCOM has a defined focus and initiative for the software product sector and will continue to grow and contribute to build this sector."

With so many clarifications, the development still seems mysterious, raising many questions as why to have a separate think tank or why can't ISPIRT be formed within NASSCOM?

Also check out the website which went live yesterday: www.ispirt.in





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