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Ahead of the GST Council meeting, IT-ITES industry body Nasscom has flagged two outstanding issues on services exports -- the treatment of services supplied through branches abroad, and R&D done in India on prototypes provided by overseas customers. Nasscom Vice President and Head of Public Policy Ashish Aggarwal, in a statement, said that Indian service exporters often serve overseas customers through branches abroad, and added that the way a company organises its overseas presence should not, by itself, decide whether a service supplied from India is treated as an export. "Clarity on this would support competitiveness, release working capital and reduce the litigation the industry has faced over the years," Aggarwal said. The Goods and Services Tax (GST) Council is scheduled to meet on October 8. According to Nasscom, another issue arises when an Indian team carries out R&D, engineering or testing on a prototype or sample that an overseas customer provides in India. "The ...
Andhra Pradesh has emerged as the leading state in AI and Big Data Analytics skilling under the Centre's FutureSkills PRIME programme, with over 1 lakh candidates certified, according to Union government data. The data provided by the Ministry of Electronics and Information Technology on August 12 showed that more than 1.5 lakh candidates in Andhra Pradesh had been enrolled or trained in AI and BDA over the last three years. "Andhra Pradesh has emerged as the top-performing state in AI and Big Data Analytics skilling under the Centre's FutureSkills PRIME programme, with 1,08,895 candidates completing certification," the ministry said in a press release on Sunday. The number of certified candidates places Andhra Pradesh at the top among states under the programme, highlighting the state's growing pool of trained technology professionals. The AI and BDA figures are part of a wider technology-skilling drive in Andhra Pradesh under FutureSkills PRIME. Cumulatively, more than 2.1 lakh
The government is working with IT industry body Nasscom for developing an artificial intelligence curriculum for undergraduate programmes, a senior executive said on Thursday. The National Association of Software and Services Companies (Nasscom) is a leading IT industry body. "The government is working with Nasscom to review and change the AI curriculum for all undergraduate (programmes)," the industry grouping's President Rajesh Nambiar told PTI. With the increasing use of AI in various areas, there is also a need to provide reskilling and upskilling opportunities for graduates. Nambiar said it would take around six months to finalise the curriculum for the undergraduate programmes as various bodies, including the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC), need to go through it. Nambiar spoke on the sidelines of a briefing in the city by IBS Group, where it announced the launch of a vertical AI company, Naviq Technology. "AI is
Geopolitical uncertainties and fragmented supply chains are forcing global businesses to prioritise trust and resilience over mere cost-efficiency, positioning India as a highly viable technology partner of choice, Nasscom President Rajesh Nambiar said on Tuesday. Speaking at the Nasscom Global Confluence 2026, Nambiar said the technology industry, which is heavily dependent on exports, is navigating an era of extraordinary transformation, noting that the reconfiguration of global value chains has fundamentally changed how countries and companies approach technology partnerships. "It used to be a fact that everybody optimised only for cost and efficiency... Those days are gone... Efficiency is important, but not necessarily the deciding factor. Resilience becomes much, much more critical. India sits at a very nice intersection of all these priorities, which makes us a very viable country to do business with. "...We are navigating this period where not just the geopolitical tensions,