Former telecom secretary R Chandrashekhar on Sunday joined Nasscom, an association body for the $108 billion Indian IT-BPM industry.
As the new president of Nasscom, he succeeds Som Mittal, who served as the president of Nasscom from 2007-13.
During his stint as the secretary of the department of telecommunications (DoT), R Chandrashekhar was instrumental in setting up the IT department.
Nasscom is looking at creating an industry ecosystem to generate $300 billion revenues by 2020.
Chandrashekhar said the future looks positive for the Indian IT-BPM industry as the sector is evolving dramatically in terms of scale, complexity and innovation.“Going forward, enabling radical transformation of key sectors in India through the use of ICT to increase access, enhance efficiency and enable innovation in the sector is going to be some of our priority focus areas. The accelerating trend of innovation and entrepreneurship in the ICT sector impacts several domains and provides clear indicators that the journey has begun,” Chandrashekhar said.He added that changing models will bring compelling business innovations across key verticals such as banking, financial services and insurance, telecom, healthcare, education and social entrepreneurship. He said the Indian IT-BPM industry, which is primarily export-driven, is at an inflexion point as business models shift from traditional labour-based onsite-offshore model to cloud-based and off-premise solutions, PTI reported. Chandrashekhar was the chairman, telecom commission and secretary of the department of telecom till March last year. He held a variety of key assignments with many of them relating to the ICT sector, both at the Centre as well as state level. editor@infotechlead.com