Japanese investments in India to create 3.61 lakh tech jobs by 2023: Nasscom
The Hindu
Japanese investments into Indian IT between 2016 and 2021 (so far) reached $9.2 billion characterised by a growing number of deals mostly by large investors like Softbank
Japanese investments in the Indian IT and startup ecosystem is expected to create 3,61,000 tech jobs in India by 2023, said a report released by industry apex body Nasscom in partnership with Nomura Research Institute (NRI) on Monday.
According to the report, Japanese investments in India have grown over 4 times since 2016 and helped create 102,000 jobs so far. This employment number will more than double in the next over a couple of years with startups alone accounting for 80% of these jobs.
Japanese investments into Indian IT between 2016 and 2021 (so far) reached $9.2 billion characterised by a growing number of deals mostly by large investors like Softbank, as per the report.