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Nasscom announces program for emerging companies

India's Nasscom has unveiled a capacity building partnership program, targeting small and midsize enterprises looking to work with European countries.
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INDIA--Nasscom has unveiled a capacity building partnership program that targets employees looking to partner European countries.

The country's national trade body of software and service companies signed an agreement with the Center for the Promotion of Imports from Developing Countries (CBI), Netherlands, to offer the CBI Export Development Program.

The program is currently available exclusively to Nasscom member companies, specifically those in the small and medium segment that are looking to work with European countries.

Currently, Nasscom and the CBI are inviting applications for consultants to undergo a "train the trainer program", which is being planned as a precursor to the Export Development Program.

Applicants who meet the perquisite requirements will take on an intensive training module, which will certify them as CBI NASSCOM trainers. Once certified, they can in turn consult with Indian SME (small and midsize enterprise) companies to help them become EU export-ready.

Nasscom is working as a "Partner Business Support Organizations" to the CBI, and helping to implement export development services. Both organizations currently are in the process of designing a framework for the export development program, which will focus on the enhancements of exports to the EU (European Union) by SMEs in the services industry.

This specific initiative is the next step to the Memorandum of Understanding signed in 2006, with an aim that the two organizations would work as knowledge centers to fulfill the EU business outsourcing demands.

Nasscom President Kiran Karnik said: "Nasscom has been actively working toward furthering trade opportunities for member companies globally. This program focuses on [the emerging companies] segment and on the European Union, a market of great potential opportunity for Indian companies.

"Working with a partner like the CBI, ensures that we remain in the know of nuances and formalities that otherwise may not be very visible, and in fact may cause us to miss the opportunity," Karnik said. "Going forward, we are looking at developing similar programs keeping the approach focused on specific segments and opportunities, and are quite hopeful of the direct business benefit it will bring to our member companies."

This article was first published on ZDNet India.

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