We are creating a platform for the future of skills, says Raman Roy, Chairman, NASSCOM
SMART CITIES

We are creating a platform for the future of skills, says Raman Roy, Chairman, NASSCOM

Beyond its time-tested role as a not-for-profit association, NASSCOM, referred to as a &quot;revolution&quot; by Prime Minister Narendra Modi, is the apex body for the $154-billion IT BPM industry. Established in 1988, the body has been a relentless catalyst for the Indian IT BPM industry in its journey towards building an innovation-led growth sector, with transformative business models, expanding its value proposition and becoming a partner of choice for global businesses. The <span style="font-weight: bold;">CW team</span> recently met current <span style="font-weight: bold;">NASSCOM chief Raman Roy at the Smart Urbanation Summit</span> held in Hyderabad, organised by Smart Cities Council India. In an exclusive conversation with <span style="font-weight: bold;">SHRIYAL SETHUMADHAVAN and RAHUL KAMAT,</span> Roy talks about the need to upgrade skills and the R&amp;D required in the IT sector. Excerpts: <br /> <br /> <span style="font-weight: bold;">What will be the new skill set required to service digital India? </span><br /> First, we have to realise where our competencies lie. At the moment, the capability to realise this is also missing. And, this capability is what we need to create for a kid, for him to be able to understand whether he can do data or cyber security, or other things. From here, we emanate a number of things that will be most beneficial, followed by understanding what they take to accomplish. <br /> So, as NASSCOM, we are creating a platform for the future of skills. This platform will allow the assessment and understanding of what it takes to upgrade skills. <br /> <br /> <span style="font-weight: bold;">Are we seeing success towards upgradation of skills?</span><br /> Most definitely yes. You can see the early signs of it. I mean we are now a $168 billion-odd industry; as NASSCOM, if we give the guidance, the industry will grow 7-9 per cent. However, the number of people will not grow at 7-9 per cent but at a slower pace. This means non-linear growth is happening, which in a way is an upgradation of skills. <br /> <br /> <span style="font-weight: bold;">Is investment in India sufficient in terms of pure R&amp;D?</span><br /> Speaking of investments in pure R&amp;D, we are lagging behind as a country. And, as a manufacturing services industry, we are lagging way behind as only commercial infrastructure is driving the sector. So there is a need for a catalytic event for people to realise. Some people create an Intellectual Property Rights (IPR) based on some research and then realise that the same cannot be monetised. <br /> <br /> <span style="font-weight: bold;">The next thought is, why research, if it cannot be monetised? </span><br /> There has to be a dialogue to see what will make research happen. The research is to lead products that will be commercially viable.<br /> <br /> <span style="font-weight: bold;">Globally, India is looked upon for its expertise in IT. Many countries are using India's IT talent for their growth...</span><br /> We are a $168-billion industry and are creating smart cities globally. Tenders came out; a large part of the IT industry did not participate. It's not because they do not have the competency. We need to seriously introspect upon the issue. Because there are issues, there are roadblocks, and unless we remove the issues, we will not leverage the expertise for our own country that is being leveraged globally.<br />

Beyond its time-tested role as a not-for-profit association, NASSCOM, referred to as a &quot;revolution&quot; by Prime Minister Narendra Modi, is the apex body for the $154-billion IT BPM industry. Established in 1988, the body has been a relentless catalyst for the Indian IT BPM industry in its journey towards building an innovation-led growth sector, with transformative business models, expanding its value proposition and becoming a partner of choice for global businesses. The <span style="font-weight: bold;">CW team</span> recently met current <span style="font-weight: bold;">NASSCOM chief Raman Roy at the Smart Urbanation Summit</span> held in Hyderabad, organised by Smart Cities Council India. In an exclusive conversation with <span style="font-weight: bold;">SHRIYAL SETHUMADHAVAN and RAHUL KAMAT,</span> Roy talks about the need to upgrade skills and the R&amp;D required in the IT sector. Excerpts: <br /> <br /> <span style="font-weight: bold;">What will be the new skill set required to service digital India? </span><br /> First, we have to realise where our competencies lie. At the moment, the capability to realise this is also missing. And, this capability is what we need to create for a kid, for him to be able to understand whether he can do data or cyber security, or other things. From here, we emanate a number of things that will be most beneficial, followed by understanding what they take to accomplish. <br /> So, as NASSCOM, we are creating a platform for the future of skills. This platform will allow the assessment and understanding of what it takes to upgrade skills. <br /> <br /> <span style="font-weight: bold;">Are we seeing success towards upgradation of skills?</span><br /> Most definitely yes. You can see the early signs of it. I mean we are now a $168 billion-odd industry; as NASSCOM, if we give the guidance, the industry will grow 7-9 per cent. However, the number of people will not grow at 7-9 per cent but at a slower pace. This means non-linear growth is happening, which in a way is an upgradation of skills. <br /> <br /> <span style="font-weight: bold;">Is investment in India sufficient in terms of pure R&amp;D?</span><br /> Speaking of investments in pure R&amp;D, we are lagging behind as a country. And, as a manufacturing services industry, we are lagging way behind as only commercial infrastructure is driving the sector. So there is a need for a catalytic event for people to realise. Some people create an Intellectual Property Rights (IPR) based on some research and then realise that the same cannot be monetised. <br /> <br /> <span style="font-weight: bold;">The next thought is, why research, if it cannot be monetised? </span><br /> There has to be a dialogue to see what will make research happen. The research is to lead products that will be commercially viable.<br /> <br /> <span style="font-weight: bold;">Globally, India is looked upon for its expertise in IT. Many countries are using India's IT talent for their growth...</span><br /> We are a $168-billion industry and are creating smart cities globally. Tenders came out; a large part of the IT industry did not participate. It's not because they do not have the competency. We need to seriously introspect upon the issue. Because there are issues, there are roadblocks, and unless we remove the issues, we will not leverage the expertise for our own country that is being leveraged globally.<br />

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?