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September 12, 2007 18:05 IST
IT industry body Nasscom announced on Wednesday forming a panel of experts to help budding entrepreneurs build strong software companies.
"In keeping with Nasscoms overall agenda of continuously identifying new opportunity areas and creating an enabling environment for the growth of the industry, we announce the setting up of the Product Business Guidance Panel today," Nasscom President Kiran Karnik, said in a statement in New Delhi.
The PGBP will function under Product Forum Special Interest Group. The panel would comprise a core group of industry representatives, with the objective of functioning as a sounding board for entrepreneurs, organisations who wish to be guided on the various aspects of setting up and running a software product company, the Nasscom release said.
The indigenous software product sector was still at an early stage of development and needs guidance from experts, irrespective of the fact that India has won global recognition as a software powerhouse, Karnik added.
"The objective is to aid the companies and entrepreneurs to build strong software product companies by helping them to overcome a multitude of challenges," Subhash Menon, who will chair the product forum, said.
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