150 foreign delegates to attend IndiaSoft 2007

Bangalore, Dec 20: More than 150 foreign delegates from 40countries are expected to participate in the 'IndiaSoft 2007' scheduledto be held in Hyderabad on January Nine and 10.

The event was jointly sponsored by the Ministry of Communicationsand Information Technology and Union Ministry of Commerce and Industrywith Andhra Pradesh being the partner State.

Talking to newsmen here last night, ESC Executive Director D KSareen said that " this initiative of the Council was a consciouseffort to prepare Indian companies to capture a sizeable share of theoutsourcing global market. More than 60 per cent of the Fortune 500companies are outsourcing their works and the expectations are thatthis number is going to increase in the coming years".

ESC Chairman Nalin Kohil said that 'IndiaSoft' was different fromother events as it focused on home-grown software companies--it gave afirst hand feel to Indian Software industry and encouraged Indiansoftware companies which have products/services with export potentialand the emphasis was to showcase the achievements of the small andmedium enterprises in this area.

He said that 'Indiasoft 2007' would focus on the emerging IToutsourcing opportunities in the non-traditional markets of EuropeanUnion and the Far East Asian countries, the huge Latin American ITmarket, the potential markets of Middle East, Eastern Europe and Africaand the CIS.

UNI