The study brings out the key opportunities for Indian IT companies and the potential strategies to play a major role in the Japanese market.
Today, Japan constitutes less than two per cent of the IT services exports from India. Penetrating the second biggest IT services market in the world continues to be a challenge for the Indian IT companies. Indian companies looking to de-risk themselves from dependence on a single market have long tried to establish themselves in this market, but with nominal success. With its large technically qualified manpower base and IT service delivery expertise, India definitely has a big role to play as the aging Japanese economy makes choices to stay competitive in global markets.