NASSCOM sets up focused council for internet & e-commerce
Updated: Sep 18, 2014 02:22:06pm
Bengaluru, Sept 18 (KNN) The trade body of Indian IT, National Association of Software and Services Companies (Nasscom) has decided to form a separate council for internet and e-commerce segment and for looking at various issues faced by the sector.
The new council has six members and is headed by Info Edge founder Sanjeev Bikhchandani, who is the promoter of job portal, Naukri.com.
While speaking to the media on the side-lines of an event yesterday, Nasscom president R Chandrashekhar said that the council is looking at the internet and mobile-based services space, including e-commerce.
Further, he said that the council will look at various issues faced by the sector, in terms of infrastructure, regulation and taxation.
“We have to be a little more far-sighted in enabling it to grow and not curb it through undue focus on additional regulation,” he said.
The Indian e-commerce industry is currently pegged at USD 3.1 billion, and is projected to touch USD 22 billion by 2020 with a slew of new players entering the segment. (KNN/SD)
The new council has six members and is headed by Info Edge founder Sanjeev Bikhchandani, who is the promoter of job portal, Naukri.com.
While speaking to the media on the side-lines of an event yesterday, Nasscom president R Chandrashekhar said that the council is looking at the internet and mobile-based services space, including e-commerce.
Further, he said that the council will look at various issues faced by the sector, in terms of infrastructure, regulation and taxation.
“We have to be a little more far-sighted in enabling it to grow and not curb it through undue focus on additional regulation,” he said.
The Indian e-commerce industry is currently pegged at USD 3.1 billion, and is projected to touch USD 22 billion by 2020 with a slew of new players entering the segment. (KNN/SD)
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