NASSCOM National Association of Software
and Service Companies, the premier trade body and the chamber of
commerce of the IT software and services industry in India.
NASSCOM is a global trade body with over
1100 members, of which over 250 are global companies from the US,
UK, EU, Japan and China.
NASSCOM's member companies are in the
business of software development, software services, software products,
IT-enabled/BPO services and e-commerce. More information about why
destination should be India:
Global sourcing trends:
- Worldwide technology products and related
services spend is estimated to cross USD 1.6 trillion in 2008,
a growth of 5.6 per cent over 2007.
- Worldwide BPO spending in 2008 grew by 12
per cent, which was the highest among all the segments. BPO today
is an integral part of the global delivery chain and is increasingly
involved in mission critical applications.
- Global sourcing market size has increased
threefold since 2004, to reach USD 89-93 billion in 2008.
- Offshore IT-BPO service providers continued
to build their global delivery footprint, expanding service lines
and also growing inorganically by acquiring firms in the US and
Europe to build skills and “nearshore” delivery capabilities.
Therefore, though the established players dominated the market,
Indian heritage service providers gained ground and market share.
From Nascom website for more information visit:
It sounds like magic: Send your back-office
chores away at night and find the finished work waiting with your
e-mail in the morning. Believe it or not, some CPA firms are doing
it: e-mailing tasks to accounting and programming personnel in India,
where the workday begins just as Americans head home. There, Indian
professionals process the files and transmit the results electronically
before dawn breaks in North America.