Reported 7 months ago
With the economic and technological development in India, there is a growing trend of young people entering the IT industry due to its promising prospects. The influence of iconic figures in the industry such as Indian-American CEOs of tech giants like Microsoft, Google, and IBM is also inspiring more students to pursue IT-related fields. Despite having 8.57 million STEM students in Indian universities, which is 16 times more than Japan, intense competition and limited job opportunities in the Indian IT market are leading to a high unemployment rate of 29% among university graduates. To address the shortage of IT talent, Japanese companies are setting up offices in India, partnering with universities to recruit engineering graduates for opportunities in Japan, where even fresh Indian graduates can earn high annual salaries in millions of Japanese yen. The efforts aim to create a win-win situation by supporting Japanese companies' talent needs and providing Indian students with desired job opportunities.
Source: YAHOO