We had an excellent meet at the Indian Embassy on December 7th, 2011. Harsh san started things off by providing an introduction to NASSCOM and telling us about what NASSCOM is planning for Japan in the immediate future. The presentation can be downloaded by clicking here. NASSCOM is organizing some events in 2012 which also have a dedicated Japan track. More details about these events can be obtained from NASSCOM's website at http://www.nasscom.org/.
Then we moved on to a panel discussion on the topic - "Business in Japan - The past, the present and a roadmap for the future - with a special focus on the IT sector". The panel comprised of Mr. Sirsij Peshin (Corporate Officer, Vice President - Business Technology at Pfizer Inc.), Mr. Tomohiro Tanaka (Advisor at Arrow Trust Systems), Mr. Toru Kawaguchi (Global Strategy Advisor) and Mr. Suhas Bhargava (Client Partner at Tata Consultancy Services). A lot of interesting points were put forward during the panel discussion. We had views ranging from pessimism to confident optimism. While some reflected upon the bubble that burst and started the economic downturn, others talked about how, even in supposedly bad times, certain sectors showed huge growth. Cost cutting was obviously one of the first outcomes of the economic slowdown and the biggest casualty was spending on information technology. Severe impact was also felt in the stock markets where a negative sentiment brought down the value of several global companies.
The underlying message was that there is hope. And if Japan brings about some critical changes, it shall be able to regain a lot of ground that it has lost in recent years.
This was just a start. We hope to keep the discussions alive and have more such interactive seminars in the times to come. If you have any thoughts to share with us, please feel free to write in to us by email. We will be happy to publish your points of view on the India IT Club website.
We also extend our sincere gratitude to the Embassy of India for its continuous support and encouragement.
Thank you and we look forward to seeing all of you again very soon.