NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industries in India. NASSCOM is also a global trade body with more than 2,400 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member companies are broadly in the business of technology products and services, BPM solutions, Engineering R&D, Internet, Mobile and E-commerce. NASSCOM’s membership base constitutes over 90% of the industry revenues in India and employs over 3.9 million professionals.
With nearly 5,000 tech startups and the sector at #3 globally, veritable ‘young’ entrepreneurial Indians are dotted across the value chain. Admittedly, many have been bloodied in the process (mortality rate, 18 – 22% over 5 years) but at same time the ecosystem now sports a more matured look, and is not unduly swayed by the “gold rush” as seen earlier.