An Overview of NASSCOM Membership
The National Association of Software and Service Companies or NASSCOM is a not-for-profit organization which was established with the aim to help India emerge as a significant player in the global IT order by selecting a conducive business environment, promoting intellectual capital of the member companies and strengthening the talent pool and by simplifying procedures and policies involved. It aims to upscale and rescale the IT workforce of India in a way that the country has a future ready talent to enhance and build the quotient of innovation across different industry verticals, learn new age skills, create domestic and international market opportunities and push for policy advocacy which shall help in the ease of doing business and to further innovation.
NASSCOM helps establish strategic directions for the IT industry, upscaling and developing the workforce, establishing sustainable practices that further social change and digital change in India, establishing best practices for collaborating with members, and facilitating international affiliations and partnerships.
NASSCOM was established in 1988 to provide complete support to the IT-BPM industry. It constantly aims to build the structure which is imperative for the development of the IT bpm sector using policy advocacy and by helping develop strategies that can further support these industries. It acts as a facilitator of trade between the BPO industry and the IT industry of India. It is the apex body of heading India’s $227 billion IT-BPM sector. It helps in giving the IT industry an entrepreneurial boost. It helps in bringing all the industry stakeholders together to gather, engage, and represent them with other industry players to accelerate growth. NASSCOM has become the only premier officiated platform where the BPO and the IT industry can directly interact. NASSCOM member countries and associate member companies are primarily in developing software, software products and software services, BPO services, consulting services, engineering services, e-commerce services, and web services.
Benefits of Obtaining a NASSCOM Membership
There are many benefits of obtaining a NASSCOM membership, and they are as follows:
Membership Criteria to Obtain a NASSCOM Membership
Companies can obtain a regular membership and associate membership at NASSCOM. To receive a NASSCOM membership, companies should meet the following criteria:
Membership Fee to Obtain a NASSCOM Membership
There are five categories based on which the annual subscription fee is decided. The categories are as follows:
Companies with annual revenues which exceed ₹500 Crores every year from IT-BPM services and products are included in this category. This category has five sub-slabs.
Companies which have an annual turnover which is more than ₹50 Crore, but less than ₹500 Crore fall under this category. This category has three sub-slabs.
Companies with an annual turnover of more than ₹2 Crore but less than ₹50 Crore fall under this category. This category has three sub-slabs.
Companies registered in India which are IT startups or organizations providing IT-enabled services and products with an annual revenue from IT-BPO Operations which is not more than ₹2 Crore fall under this category.
This category includes companies which provide support services or solutions to other companies in the IT-BPM sector.
Documents Required to Obtain a NASSCOM Membership
The following documents are required to obtain a NASSCOM membership:
Process to Obtain a NASSCOM Membership
NASSCOM Membership can be highly beneficial for companies in India's IT-BPM sector as it would help companies to collaborate with other members and help one’s company market it better, attract better talent and trust in the company and thus increase its profits. To become a member company of NASSCOM, one is required to follow the enrolment process as mentioned below: