Microsoft India president Anant Maheshwari appointed Nasscom chairperson

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IT Industry body NASSCOM has appointed Anant Maheshwari, president of Microsoft India, as its chairperson for 2023-24 on 25th April.

An overview of the news

• Maheshwari, who was NASSCOM's vice-chairperson, succeeds Krishnan Ramanujam, the president of business and technology services at Tata Consultancy Services (TCS). 

• Nasscom also announced the appointment of Rajesh Nambiar, chairman and managing director of Cognizant India as its vice-chairperson for 2023-24.

• In addition, NASSCOM also announced its Executive Council for 2023-2025.

• The council will aim to play a key role in driving India's tech sector at a time when macroeconomic challenges have significantly dampened growth prospects for the current financial year.

• The newly appointed leadership will lead the industry to meet its broad objectives of achieving the vision of becoming a $500 billion industry by 2030. Currently, the size of the industry is $245 billion.

National Association of Software and Services Companies- NASSCOM

• It is a non-profit industry association which is the apex body for the IT industry in India.

• It wasestablished in 1988.

• Its significant efforts are providing great support to India's IT (Information Technology) and BPO (Business Process Outsourcing) industry.

• NASSCOM has made phenomenal contribution to India's GDP, exports, employment, infrastructure and global visibility.