NASSCOM delegation to meet Obama officials in March

11 Nov 2008

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Mumbai: A high-level delegation of software industry body Nasscom will travel to the US in March 2009 to lobby officials of the new Obama administration and make sure that Barack Obama's Presidency won't sound the end of outsourcing business.

The Nasscom delegation will meet officials of the Obama administration, influencers (Senators) and key think tanks in the US.
 
''With the global economy stressed, it is more important than ever that India and the US find ways to partner together to spur innovation, foster economic growth, develop an educated and skilled workforce and create jobs for the modern global marketplace, thereby finding solutions to balance the current situation,'' a statement issued in Kolkata said.

''With the recent nuclear deal, the two nations are now closer than ever before,'' the statement added.
 
NASSCOM said many of the goals outlined by President-elect Obama during the course of his campaign, like expanding the H1B visa programme for highly skilled workers can help companies lead the way on innovation and contribute additional jobs and economic growth in the United States.
 
''We look forward to continued close cooperation with the US government and the US business community and we look forward to working with the Obama Administration and the 111th Congress to be part of the economic solution that will return stability to the world economy, in the earliest possible timeframe,'' it added.

With the US alone accounting for over 60 per cent of India's software exports, Nasscom said there is not much room for manoeuvre. The US would continue to be India's largest market for many years to come.

Nasscom has been trying to develop greater links with Japan, Germany, France and Scandinavian countries. It is also trying to identify and resolve the issues that are coming in the way of doing greater business with these countries. The UK is India's second biggest market for software exports. 

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