Press release Press Release on Seminar on "Digital IT Strategy and Potential in India IT Sector ~ Implementing smart manufacturing with India IT resources" organised in Tokyo on 23 February 2017 & Signing of MOU for IoT Cooperation

Press Release on Seminar on "Digital IT Strategy and Potential in India IT Sector ~ Implementing smart manufacturing with India IT resources" organised in Tokyo on 23 February 2017 & Signing of MOU for IoT Cooperation

Embassy of India

Tokyo

Press Release

Subject: Seminar on “Digital IT Strategy and Potential in India IT Sector ~ Implementing smart manufacturing with India IT resources” organised in Tokyo on 23 February 2017 & Signing of MOU for IoT Cooperation

A Seminar on “Digital  IT Strategy and Potential in India IT Sector ~ Implementing smart manufacturing with India IT resources” was organised by National Association of Software and Services Companies (NASSCOM) and Nomura Research Institute (NRI), in association with Embassy of India in Tokyo, on 23rd February, 2017 at the Embassy of India, Tokyo.  The objective of the Seminar was to explore collaborative opportunities between Japanese and Indian IT industry, in particular in the domain of smart manufacturing and Internet of Things (IOT). 

2. H. E. Mr. Sujan R. Chinoy, Ambassador of India to Japan, delivered the Inaugural Remarks at the Seminar. He called for greater collaboration between Indian and Japanese companies in the IT and IT Enabled Services (ITES) sector and encouraged Japanese companies to take advantage of the opportunities available as part of the ongoing ‘Make in India’ & ‘Digital India’ initiatives of the Government of India. The Seminar included panel discussions on the following topics: “India Japan Collaboration on IoT to ride the Digital Transformation wave” and “Creating Intelligent Enterprise leveraging India-case studies”. NASSCOM also introduced the global IT trends, Indian IT potential in smart manufacturing/factory IoT, and the wide ranging global experience of Indian companies.

3. The Seminar would help in providing a clearer picture to the Japanese IT industry on India’s role in fuelling global innovation, experience of foreign companies in leveraging Indian talent, success stories of utilization of IoT/big data from India by foreign companies, the value proposition that Indian IT sector offers in several areas and the immense potential for collaboration between Indian and Japanese industry in the IT sector, especially in the area of smart manufacturing and IOT. Nearly 80 leading Japanese companies from sectors like Intelligent Equipment Manufacturing, Aviation Engineering, Smart Grids, Energy Saving and Environmental Protection Technologies, New Generation IT, Health and Big Data Cloud Computing participated at the event.

4. A Memorandum of Understanding for IoT Cooperation was also signed between the IoT Acceleration Consortium (ITAC), Japan and National Association of Software and Services Companies (NASSCOM), India, during the Seminar at the Embassy of India, Tokyo, in the presence of H.E. Mr. Sujan R. Chinoy, Ambassador of India to Japan and senior officials from the Ministry of Economy, Trade and Industry and Ministry of Internal Affairs and Communications, Government of Japan, ITAC and NASSCOM.

5. The MoU was signed by Dr. Jun Murai, Chairman, ITAC and by Mr. K.S. Viswanathan, Vice President, NASSCOM. Under the MOU, the two organizations will exchange statistics and good practices relating to respective IoT industries, facilitate mutual visits of each other’s association’s members, and cooperate with each other in activities which both sides agree to cooperate in. This MoU in the area of IoT industries would serve as one pivotal step to marry the eco-system in Japan and India in order to achieve maximum value from this technology and cooperation.

6. The Embassy is working with the Government of Japan as well as industry associations on both sides to encourage greater collaboration between India and Japan in IT, ITeS and IoT sectors. Enhanced cooperation in this sector can help Japanese industry boost its productivity, innovation and competitiveness by leveraging India’s IT strengths. It will also promote greater access of Indian IT firms in Japan, where Indian presence remains limited unlike its considerable success in developed countries in North America and EU.

7. IoT Acceleration Consortium (ITAC) is a consortium floated by the Ministry of Economy, Trade and Industry, and the Ministry of Internal Affairs and Communications, Government of Japan, having over two thousand companies as its members.

8. NASSCOM is the premier trade body and the Chamber of Commerce of the IT-BPO industries in India, with more than 1,800 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services offshoring and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 3.1 million professionals.

Tokyo, Japan

23 February 2017