Recognizing the importance of the packaged software business to Indian IT software firms, NASSCOM in association with N.S. Raghavan Centre of Entrepreneurial Learning (NSRCEL), Indian Institute of Management Bangalore (IIMB), hosted the Product Summit 2005 in Bangalore. Newgen was awarded the top honors for being a leader in packaged software product sector in India. Newgen’s VP – Sales and Marketing, received the award.