Indian IT professionals, who are facing the threat of losing work permits in US due to change in H-1B visa norms, can look towards Japan as the island nation has offered to recruit large number of professionals from India.
A large number of Japanese companies are ready to recruit as many as 200,000 IT professionals to support their expansion projects. Confirming this to DH on Thursday, Japanese External Trade Organisation (Jetro) Executive Vice President Shigeki Maeda said the demand for IT and ITeS professionals is growing at an exponential rate in Japan.
"The manufacturing prowess of Japan is looking at Indian IT talent for value addition," he said adding that highly skilled professionals will be issued Green Cards to entice them to work and stay as permanent residents in Japan. Maeda said currently Japan has around 9,20,000 IT professionals and there is an immediate demand for more than 2,00,000 IT professionals.
Jetro official pointed out that Japanese companies are realising the limitations of in-house innovation centres. "We are far behind in electric vehicle and driver-less technologies to back our core prowess in automobile industry because of lack of competency in deep tech areas," he said.
Besides home to Global Innovation Centres of majority Fortune 500 companies, India has built third largest startup ecosystem spawning innovation and disruption. "We expect India can really support Japanese companies who are facing the problem of ageing population with a growing demand for 8,00,000 IT professionals by 2030," Maeda said.
Japanese government has announced Green Cards for highly skilled professionals from India. "We are giving this based on around 10 parameters. Professionals can gain permanent resident status within one year time," he said.
Japan is looking for IT professionals to enhance its competitiveness in the areas of life-science, finance, services and agriculture. "We are looking at talent pools in technologies such as IoT, artificial intelligence (AI), big data, automatic flight, and autonomous driving," he said.
Japan is the third largest investor for India after Mauritius and Singapore. Also, India has massive presence of Japanese Companies of around 1,400. Japan has opened Japanese Village in Karnataka and investment corridor as part of deepening ties with India.
Considering the huge flow of investments, Jetro, the official agency for trade and investment in Japan, has recently opened its fifth office in Ahmedabad which once again reinforces the opportunities for growing bilateral trade between the two big Asian behemoths.
Japan has eased the rules for Indian travellers with effect from January 1, 2018. As per the new norms, the applicants do not require to submit their employment certificate and letters of explanation for multiple-entry visas.