Nasscom signs Japan-India IT Corridor deal

Nasscom, the IT industry body, has signed a partnership with the government of Hiroshima under which the two sides will co-invest in creating a Japan-India IT Corridor. The idea is to promote business to business cooperation and talent transfer from India to Japan. This project will be formally initiated by early 2019 on mutual consent. Both Nasscom and Hiroshima shall invite their respective companies to join this partnership platform. Both the sides have also agreed to set up an IT Corridor in Hiroshima with an incentive package that could be extended to the Indian tech companies that come forward to adopt this platform while forming a partnership with Japanese companies. Gagan Sabharwal, Senior Director, Global Trade Development, Nasscom, said: “We are hoping to witness significant advancements in technology and innovation through the partnerships that emerge as a result of this association. This collaboration will act as a building block towards strengthening the Indo-Japan relationship and we are looking forward to work with Hiroshima in the months ahead.” The primary objective of this IT corridor will be to facilitate partnerships between Indian and Japanese companies. Indian companies with their command on the software side can help Japanese manufacturing companies adopt digital transformation and helping them create innovative product and solutions lines.