Hughes’ Arun Kumar Takes Over As Nasscom Chairman

New Delhi: | Updated: Apr 25 2002, 05:30am hrs
National Association of Software and Service Companies (Nasscom) chairman Phiroz Vandrevala has finally passed on the baton to new chairman of the association Arun Kumar, president and managing director of Hughes Software Systems.

Arun Kumar
The term of the new chairman, who took over just after the Nasscom executive coucil meeting held on April 20, would be effective from April 1, 2002 to March 31, 2003. The term of Mr Vandrevala was orignially supposed to be over in December last year but it was extended by three months to align it with the financial year.

The council also co-opted Infosys president, CEO and managing director Nandan Nilekani as its new member. Infosys chairman N Narayana Murthy, who is also a past chairman of Nasscom, will continue to be a member of the council. The council now has 27 members including 9 past chairmen of Nasscom.

In a press note issued by Nasscom, Mr Vandrevala said, “The last year was a challenging and exciting year for Nasscom, the industry and for me. A lot of this related to the uncertainties in the business environment as well as tragedies faced by our biggest customer and the loss of Dewang, the biggest champion for the Indian IT industry. Thankfully, we have been able to come out of this period successfully and both Nasscom and the industry is stronger than every before”.

Speaking on his appointment, Mr Kumar said: “I am honoured to take on the role of the chairman of Nasscom. The task ahead for us at Nasscom is challenging and exciting in the present economic environment. My endeavour will be to work closely with the industry and government to ensure that we continue to focus on our export growth and also develop a strong domestic IT market in India. With signs of revival in the US economy and India gaining ground as the preferred outsourcing destination, I believe the Indian software and service industry will continue to witness rapid growth.”