Ever since, U.S & European nations have reduced job opportunities for Indian IT professionals, the country has been experiencing a decline in its employment rates. Japan on the other hand, has been wrestling to keep up with the rapid technological innovations. Hence, there is a dire need for IT professional who can retain the technology sector of the Japanese nation.
Currently, Japan has a working staff of 9,20,000 IT professionals with an estimated shortage of about 2,00,000 employees. By 2030, this requirement would reach up to 8,00,000 employees.
In the past few years, the Indian IT sector has flourished in technological transformation and is responsible for the country’s growth. Therefore, Japan has set its sight on the Indian techies who are highly qualified and capable of assisting in the advancement of the Japanese IT sector.
While addressing at an India-Japan business partnership seminar organized by Japan External Trade Organization (JETRO) and the Bangalore Chamber of Industry and Commerce, Shigeki Maeda, Executive Vice President of JETRO said, “Due to this conscientious process, there is a dearth of well-qualified and trained IT professionals to enhance its competitiveness, particularly, in the areas of life-science, finance, services and agriculture.”
Further, he added, “The Japanese government will be issuing Green Cards for highly skilled professionals. The first of its kind in the world as people could get permanent resident status in as short a time as one year. This is one of the fastest granted right of residence in the world”. This would provide security to the hired Indian professional who are shifting bases to Japan.
In India, the Japanese government is keen on establishing its quarters in Hyderabad through collaboration. As the Indian city is well known for its “IT hub”, it therefore, becomes an appropriate location for the collaboration.
In accordance with the rules issued for visa, Indian citizens are not required to provide employment details and reasons for regularly visiting Japan. Documentation has been cut down to 3 and if an individual has travelled more than twice a year, in that case, he/she would have to fulfill only passport and visa application formalities.
This would provide better overseas job opportunities for Indian techies in evolving countries like Japan. The announcement has come as a breath of fresh air as U.S continues to erect stricter rules for H1-B visa issuance.