The IT industry body on Wednesday also named Rishad Premji, chief strategy officer at
Roy, who takes over from CP Gurnani, CEO of business process outsourcing industry. He has been a member of Nasscom's executive council and was its vice-chairman for 2016-17. He begins in the new role from April 6.
“This is a challenging year for the industry. Our customers' businesses are undergoing a change, whatever industry they may be in...what they allocate to IT will get impacted. There is digitisation, artificial intelligence, analytics, machine learning and a whole lot of new things. As an industry, we need to reskill our workforce,“ Roy told ET.
The IT industry is facing headwinds from changing business models, and rising protectionism in its largest market, the United States. Visa issues in the US and other key markets such as the United Kingdom and Singapore could force a rethink of business models for the IT industry.
“The protectionist attitude comes from incomplete understanding that we as an industry are one of the largest recruiters of local talent. We as an industry are getting companies to be more profitable, which allows them to grow. It is that growth that leads to more jobs, not in IT but in the work that our customer companies are doing,“ Roy said. “We are moving from scale to skill and we have to rejuvenate our industry, he said.
“Building India's innovation edge is another key priority and we will plan to scale our startups and centre of excellence initiatives to the next level. I look forward to the continued involvement from our members to accelerate momentum on all initiatives,“ Roy said.
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1 Comment on this Story
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