Further, Nasscom is also looking at roping in the Israeli IT industry to learn from their experience in developing security software products.
Security is the area that is mutually beneficial for both US and India. We are planning the security initiative in three stages, Nasscom vice-president Sunil Mehta told eFE.
He added, We are also engaging the Israeli IT industry for their expertise in security software products. The association with Israel might also lead to joint ventures.
In the first stage that might begin within the next three weeks, Nasscom and ITAA are looking at exchange of information between the two nations. Nasscom has invited security experts from the US in the coming weeks. It is also sending a panel of security experts from India to the US.
This will be followed by forming a detailed plan on security issues and solutions.
The third stage might see some good joint ventures, Mr Mehta said.
Working on the lines of security and data protection issues, Nasscom is also pushing hard to put in place a data protection Act along with the department of information technology.
India has a cyber cell to deal with cyber crimes and digital signatures that is recognised under the IT Act 2000. According to a Nasscom review, US is stronger than India on patent security and data protection as well as cyber security.
Indian IT industry has much to learn from the US software companies in the space of security, Mr Mehta said.