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NECTI signs pact with CSC to jointly develop and deliver digital services to rural areas

May 16, 2019
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NEC Technologies India (NECTI), a wholly owned subsidiary of NEC Corporation, and Common Service Centre (CSC) e-Governance Services India Limited have entered into a strategic alliance to jointly develop and deliver digital services to around 900 million citizens living in rural areas.

As a part of this alliance, NECTI has decided to undertake an equity investment in CSC special purpose vehicle (SPV) to become the third-biggest shareholder. Further, NEC and CSC SPV have also created a joint-working group within CSC SPV to develop new, innovative digital services for citizens living in rural areas.

The partnership will enable CSC will to launch, refine and tweak the variety and efficiency of services on offer by leveraging NEC’s expertise in areas such as artificial intelligence (AI) and data analytics. These AI and data analytics driven initiatives will improve service experience across various sectors, including finance, education and healthcare, among others.

NECTI and CSC SPV had previously worked together with leading Indian banks to provide financial inclusion services to residents who cannot reach out to traditional bank branches and ATMs.

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