NASSCOM report for moving IT industry to new locations

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Chandigarh, Aug 7 (UNI) NASSCOM, the premier trade body and 'voice' of the Indian IT-BPO industry has called for moving this important industry to locations beyond the top seven cities of the country where it is concentrated currently to 50 new locations.

The call by NASSCOM comes following the release of its report at the e-Revolution-2008 conference which commenced here today.

A first of its kind report on the assessment of 50 locations in India suitable for the IT - BPO industry is titled 'Roadmap 'Location Roadmap For IT- BPO Growth: Assessment Of 50 Leading Cities'.

This study provides a detailed gap analysis along with advantages and shortcomings of these 50 locations, the available opportunity for attracting investment from this sector with a deeper objective of showcasing a roadmap to achieve uniform economic development in India. It sets the stage for the next wave of the industry's growth beyond the top 7 cities.

Speaking at the e-Revolution event here today jointly organised by NASSCOM and Chandigarh Administration, Dr Ganesh Natarajan, Chairman, NASSCOM and Global CEO, Zensar Technologies said that the Indian IT- BPO sector has been a frontrunner of economic development in select cities, providing employment to a large number of people and improving the overall quality of life and amenities like education and healthcare in these cities.

'' We now see the time as being right to spread this development to a new set of locations, provided the requirements of the Industry can be met'', Dr Natarajan said while pointing out that the report has classified these 50 new locations into different categories and for each of them, there is significant potential to create a success story.

'' We see this report serving as a planning input for state Governments, educational institutes, policy makers and local industry bodies when they look at means to attract investment into their regions'', he added.

The findings of the report are a reinforcement of the industry's presence and confidence in the location. Chandigarh, with its adjoining townships of Mohali and Panchkula offering an excellent growth platform for the IT industry.

According to the report the Indian BPO industry is maturing and rapidly spreading, both in business and geographically employing 700,000 professionals and generating revenues of USD 11 billion dollars as of FY07-08.

As per the NASSCOM Everest report, there is a potential for a five fold growth for the BPO sector in the next five years. NASSCOM has also identified 50 cities which are poised to become IT-BPO destinations, given the right steps are taken by stakeholders.

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