- GLOBAL TRADE DEV
Market
Global Trade Development
GTD - Empowering the Indian Tech Industry
Who is GTD
Nasscom's Global Trade Division is the engine behind innovation and strategic outreach, facilitating a favorable business environment for international growth of Indian IT-BPM companies. We strengthen relationships with overseas clients and stakeholders through market development, proactive policy interventions, and alliances. Our branding initiatives are focused on amplifying the global presence of the Indian tech sector to foster profound international collaborations. This multifaceted approach strengthens the industry’s global footprint, ensuring sustained growth and success.
how does gtd work
Proactive Policy Promotion/Development
Advocating for policies that support a thriving global tech ecosystem.
Access to Global Markets
Providing invaluable insights and access to unlock the vast potential of emerging markets for businesses aiming to expand their global presence.
Global IT Alliances
Builiding successful alliances with international tech associations to foster effective collaboration and mutual growth, benefiting the tech sector.
Free Trade Advocacy
Advancing principles of free trade to facilitate unhindered global trade dynamics with a focus on key issues like labour mobility, fair taxation and social justice.
Discovering/Unveiling New Opportunities
Exploring new geographies to discover untapped markets and further expanding our global reach.
SME Landscape
SME Landscape
Nasscom for SMEs
We are focused on encouraging the growth of Tech SMEs by offering them a platform to network, collaborate and learn from industry leaders. Our initiatives and programs have enabled SMEs to drive substantial contributions towards India's economic development. We aim to provide committed support and access to vital resources, essential for the expansion of Indian SMEs in the global market
Nasscom SME Council Priorities
Knowledge Dissemination
Organizing roundtables for effective knowlege sharing, addressing current trends, challenges and possible solutions pertaining to the SME sector.
Key Resources
Identifying and providing shared resources involves recognizing common needs and challenges among member SMEs and offering them access to relevant tools and services that address their requirements.
Policy Advocacy
Promoting policy advocacy to champion SME interests which involves actively engaging with policymakers to influence the development of favorable policies and regulations that cater to the needs of the industry.
Market Access
Broadening market access and new business opportunities for our members. We also provide support to SMEs in building meaningful and valuable customer relationships.
Global Capability Centers
Global Capability Centers
India's 4th generation Global Capability Centers (GCCs) are transitioning; they're stepping into co-leadership roles, igniting innovation in product development and technology. They are significantly benefiting their parent organizations in their capacity as technological hubs of excellence. GCCs seamlessly blend traditional corporate functions with state-of-the-art analytics and AI, amplifying their importance in the global business arena. As they become increasingly essential to corporate strategies, GCCs are rapidly expanding across sectors like finance, healthcare, retail, and tech, serving as accelerators for innovation and leadership. Due to the integration of technology and leadership within GCCs, they on track to become indispensable strategic partners in a globally interconnected business landscape.
BPM
Business Process Management: The Industry Now
India's BPM industry has evolved from backend voice services to intelligent, data-driven operations. This shift is focused on driving business outcomes through an extensive understanding of underlying processes. Now, the industry now offers transformation as a service, emphasizing design thinking, agile delivery, and automation. With a revenue of $47.4 Bn (FY23E) and housing the largest concentration of G2000 companies, India's BPM sector remains a global leader, characterized by cloud-based AI, data monetization, and automation. This evolution positions India at the forefront of delivering BPM 4.0's full potential.
Nasscom's BPM Council : What we do
Growth Mindset
Driving the growth of the BPM sector with a keen focus on three vital areas : capacity development, market development, and strategic positioning of the industry to achieve its goals.
Policy Advocacy
Advocating for supportive policies to sustain the sector's expansion and success. This creates the right environment that will maintain cost competitiveness and nurture growth.
Centres of Excellence
Fostering analytics based Centers of Excellence that encourage innovation driven growth, through a focus on key areas like AI customer experience (CX) and Data-Driven Insights. These centers serve as hubs for technological advancement which is critical for the progress of the BPM industry.
Talent & Skill Development
Prioritizing industry-specific and relevant academic curriculum, we focus on cultivating and developing skills directly aligned with the sector's evolving requirements. This approach ensures a consistent supply of proficient professionals capable to meet the changing needs of the industry.
Engineering R&D
Engineering, Research & Development
India's ER&D sector has become a driving force behind technological advancement, fueled by a robust talent pool, increasing demand for Indian services, and widespread digital transformation. The industry has accomplished rapid growth and innovation in the last two years, fuelled India's outstanding engineering expertise and strong global partnerships. Positioned remarkably in the ER&D landscape, India is expected to increase its share in the global ER&D sourcing market from 17% in 2023 to 22% by 2030. Nasscom aims to support the country's strategic efforts towards service offerings which will determine its success in capturing a large portion of future global ER&D expenditures.
nasscom ER&D Council’s top priorities
Facilities for Growth
Supporting the Make In India program with a focus on design-led manufacturing. Further, addressing sector-specific challenges through Special Interest Groups in areas like Auto, Aero, C&HE, Telecom and Semiconductor. With this initiatibe we aim to boost research and innovation which will unveil new markets, showcasing India's ER&D expertise globally.
Outreach Initiative
Organizing the Nasscom Engineering Summit which will serve as a premier platform for gathering industry leaders and experts from across the ER&D sector.
Skill Development
Enhancing talent employability, research quality and skill development by facilitating a collaborative approach among Industry, Academic Institutions and Government Bodies.
Branding & Promotions
Supporting branding and marketing efforts across sourcing markets to promote a unified collaborative agenda from the Indian ER&D industry.
Policy Support
Amplifying both, policy frameworks and infrastructure crucial for the ER&D sector to cultivate new collaboration opportunities and propel innovation.
