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TECH BYTES – Monthly Tech Industry Bulletin – October 2020

At NASSCOM Insights, we track global and Indian technology industry across different verticals and categories. This monthly industry bulletin is our endeavor to aggregate and feature, on a regular basis, key trends and insights shaping the technology sector. The information covered here is collated from publicly available sources and gives a bird’s eye view of what has happened in the industry during a particular month. COVID-19 pandemic continues its onslaught affecting the lives of every being and India too has not been immune to its impact. September 2020 saw the Government of India gradually ease the lockdown, giving much needed respite to businesses, particularly small and medium businesses. Numerous strategic policy decisions and stimulus packages were rapidly implemented to impart relief to industries. The technology industry on its part remained resilient and not only continued to serve its customers undaunted but also seized the opportunity to build innovative solutions, forge strategic partnerships, improve client relations and focus on employee wellness initiatives. This month’s issue highlights these trends with relevant examples, which we hope will give you an indication of the state of the industry. We look forward to your feedback and suggestions to make this bulletin valuable and interesting. Please write to us at: research@nasscom.in. Happy reading!

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