The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in Southern Asia. In terms of population, its sphere of influence is the largest of any regional organization. It was established on December 8, 1985 by Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India and Sri Lanka. In April 2007, at the Association's 14th summit, Afghanistan became its eighth member. The South Asian region is blessed with exceptional diversities of natural and human resources including Land forms and climatic regimes ranging from sea level to the highest mountains, and deep gorges; hottest plains to snow clad mountains; wettest to driest places; dissected green Valleys to coral islands. Thousands of rivers and immense hydroelectric potential. Mineral resources such as coal iron, natural gas and, extensive diversities of forest resources including exclusive varieties of animals, herbs and timber. Unfortunately, this vast stock of natural wealth of the region has not been optimally and efficiently managed and utilized for the benefit of the peoples of this region. India has a role to play in the development of region. Its strength in IT field can be used for the development of IT. Similarly, each can offer something to other. This requires collective and collaborative strategies and joint ventures by the countries of this region.