Amid fears of a nuclear catastrophe in Japan, Indian IT firms that have a presence in the country have begun to evacuate employees. On Friday March 11, 2011, the country was hit by an earthquake measuring 8.9 on the Richter Scale that unleashed a tsunami that swept parts of Japan. The situation has been aggravated by the four nuclear reactor explosions the country has witnessed since then.
While accounting for a meagre 1% of India's total software exports worth $60 billion, Japan has been one of the most lucrative markets for outsourcing firms. Several Indian IT players have centres in Japan with the larger ones like Infosys and Wipro employing over 400 people in the country. While TCS has already started the process of relocation, Infosys and HCL have given its employees the option of returning to India.
While accounting for a meagre 1% of India's total software exports worth $60 billion, Japan has been one of the most lucrative markets for outsourcing firms. Several Indian IT players have centres in Japan with the larger ones like Infosys and Wipro employing over 400 people in the country. While TCS has already started the process of relocation, Infosys and HCL have given its employees the option of returning to India.
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