NASSCOM signs MoU to help MSMEs expand their operations in Middle East and North Africa region

New Delhi, Oct 20 (KNN) To help small and medium-sized Indian enterprises expand their operations in the Middle East and North Africa region, IT industry body NASSCOM has signed a MoU with a leading technology community in the region.

The MoU between the National Association of Software and Services Companies (NASSCOM) and the Dubai Internet City (DIC) is first of its kind in the Middle East and North Africa (MENA) region. 

Under the agreement, NASSCOM's, small and medium-sized enterprises (SME) members will get an opportunity by DIC to develop their operations by offering support and a platform to expand in the MENA region.

The DIC is mandated to provide Indian tech startups and SMEs an opportunity to establish themselves in Dubai and get access to the largest technology community, providing them with a gateway and necessary support to grow in the UAE and the wider region.

Managing Director of DIC and DOC, al-Malik said, "The Middle East offers tremendous growth opportunities for innovative tech firms, with huge untapped potential."

According to NASSCOM, there have been great efforts for the continued growth of the sector.

NASSCOM, SME Council Chair, Kamal Agarwala said, "As the apex body for the USD 154 billion Indian IT BPM industry, we have strived to ensure the continued growth of the sector, facilitate partnerships, and fuel expansions."

He said that Dubai Internet City is already home to leading technology Indian companies, and we firmly believe that this MoU will serve as a major catalyst for Indian businesses to expand into the region.

DIC is home to leading Indian multinationals, including Tata Consultancy Services, Tech Mahindra, Wipro, and the HCL Technologies.

The MoU was signed by Ammar al-Malik, Managing Director of DIC and Dubai Outsource City (DOC) and Kamal Agarwala, SME Council Chair, NASSCOM.