IT Industry body Nasscom named Anant Maheshwari, President of Microsoft India, as its Chairperson for 2023-24.
Maheshwari, who was Nasscom’s vice-chairperson, succeeds Krishnan Ramanujam, the president of business and technology services at Tata Consultancy Services (TCS).
Nasscom also announced the appointment of Rajesh Nambiar, Chairman and Managing Director of Cognizant India.
Company statement
“Anant takes on the new role from his previous role as Vice Chairperson succeeding Krishnan Ramanujam, President, Business and Technology Services Tata Consultancy Services, who served as Chairperson for the year 2022-23,” it said.
Maheshwari’s statement
“I am honored and humbled to support the Nasscom Executive Council as its Chairperson, at a critical time in India’s Techade.
I look forward to working with all its stakeholders to continue to establish India as the trusted tech partner for the world,” said Anant Maheshwari, Chairperson, Nasscom.
Nasscom President’s statement
Debjani Ghosh, president, Nasscom commented, “As we are leapfrogging to the next era of digital evolution with emerging technologies and their disruptive potential, I’m delighted to have the opportunity to work closely with Anant and Rajesh to continue establishing India as a global hotspot for tech innovation and talent.”
In addition, Nasscom announced its new executive council for 2023-2025.
Navigating rough tides
The new executive council, it said, will play a strategic role in enabling India’s tech sector to lead on the global stage through focused initiatives and programmes.
It will also play an important role in steering India’s tech sector at a time when macroeconomic challenges have significantly dimmed the growth prospects for the current fiscal.
$500 Bn Vision
The council will work with government bodies to help build policies that can further support the growth of the Indian IT sector to achieve the growth objectives of $500 Bn by 2030, said a Nasscom statement.
Currently, the size of the industry is $245 billion.
The list of executive council members includes one-third representation by women leaders.
Looking inwards
In order to put India on the volatile world stage, the leadership’s key priorities will be to maximise the impact and innovation quotient of India’s domestic sector to drive resilient growth.
Hence, its focus will be on boosting market revenue, and to accelerate the adoption and last mile impact of deep technologies.
The Big 4
To achieve the same, it will have to bring together tech policies, a deep tech startup ecosystem, stable funding, and global talent flow.
“Building on the core capabilities in tech services, India is now demonstrating broader technology leadership for the world, both in trusted innovation capabilities and also as a leading example of digital public platforms with billion population scale implementation,’‘ as Maheshwari puts it.
