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Searched Tag: nasscom

Nara Lokesh tries to woo IT firms amid K'taka job quota row

July 18, 2024, 04:20 PM - 2 min read

Andhra Pradesh IT Minister Nara Lokesh has offered software body Nasscom to expand or relocate their businesses to Visakhapatnam.

Nasscom chairman Rajesh Nambiar sounded alarm on the looming threat of displacement faced by workers in India’s BPO industry due to the rise of advanced artificial intelligence (AI) systems.

AI threatens to replace BPO employees pretty quickly: Nasscom chairman

March 4, 2024, 11:22 AM - 2 min read

The evolution of the BPO industry, according to Nambiar, has increased its susceptibility to technological displacement. He noted that the sector, valued at $48.9 billion, has progressed far beyond basic process management, thereby heightening the risks associated with automation.

According to a report by industry body Nasscom, digital public infrastructures such as Aadhaar, UPI, and FASTag contributed 0.9% to India's GDP in 2022, generating a value of USD 31.8 billion.

Digital public infra contributes 0.9% to GDP, to triple by 2030: Nasscom

February 22, 2024, 01:15 PM - 2 min read

Nasscom-Arthur D. Little report titled 'Digital Public Infrastructure of India, Accelerating India's Digital Inclusion' said that mature DPIs such as Aadhaar, UPI (Unified Payments Interface), and FASTag have witnessed exponential adoption by 2022, and the next 7-8 years offer an opportunity for further scalability, reaching even the most remote segments of the population.