The event will showcase India's cutting edge IT capabilities and outsourcing strengths to the global IT and business community.

ESC executive director D K Sareen said on Monday that Indiasoft is different from other events since the emphasis is to showcase the achievements of the small and medium enterprises in this area.
 
The event would focus on major industry segments that require software and services such as business services, communications, entertainment and IT, finance, banking and insurance, government and public services, logistics and distribution, manufacturing, oil, gas and mining, retail businesses, educational and scientific institutions, travel and transport, IT training.

The 40-odd exhibitors, including five from Andhra Pradesh, include providers/developers of e-business services, applications  services, software developers, web content developers, systems integrators, ERP, data warehousing, management and processing centres, remote billing, IT support centre and call centre, back office operations, business processing outsourcing and administrative support services.

About 150 buyers from 40 countries from across the world are expected to participate in the event. Indiasoft 2007 is the only global IT event of India, which will have presence of more than 600 senior executives from the global markets as well as a host of renowned Indian companies.

Indiasoft 2007 would have focus on the emerging IT outsourcing opportunities in the non-traditional markets of European Union and the Far East Asian countries, the huge Latin American IT market; the potential markets of Middle East, Eastern Europe and Africa and the CIS.

This initiative of the ESC is a conscious effort to prepare Indian companies to capture a sizeable share of the outsourcing global market. More than 60 percent of the Fortune 500 companies are outsourcing their works and the expectations are that this number is going to increase in the coming years, Kohli pointed out.