Japan blips on radar of Indian IT firms

By agencies   |   Tuesday, 30 August 2005, 19:30 IST
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HYDERABAD: Having marked their presence in the .U.S markets by capturing a fair deal of business there, Indian IT companies are now eyeing Japan for opportunities. Despite being the second largest economy in the world and one of the most advanced nations in information and communication technology, Japan still remains a market to be tapped. Currently, Indian software exports to Japan accounts for only three percent of the total market. "Precisely, this is the factor which is making Indian IT companies to look at Japan," Sanjay Khendry, Vice President (Business Development) of Sierra Atlantic said. "Indian companies can see lot of business potential there. Japan being an expensive economy with careful eye for quality, Indian firms have an advantage. The cost-advantage in offshoring to India without compromising on quality is a major pull for Japanese companies," said Khendry. Though language has been a major barrier in Japan, many companies are finding ways to deal with it, he adds.