CASE36 Supporting the business matching of Tech Mahindra, one of the leading IT companies in India

CASE 36　Supporting the business matching of Tech Mahindra, one of the leading IT companies in India

Tech Mahindra (https://www.techmahindra.com/ja-jp/) embodies the connected world, offering innovative and customer-centric information technology experiences that empower enterprises, associates, and society to rise. With a presence in 90 countries and a workforce of over 148,000 professionals, it is a USD 6.5+ billion company serving 1200+ global customers, including Fortune 500 companies.

Tech Mahindra is dedicated to harnessing next-generation technologies such as 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, and Artificial Intelligence to facilitate comprehensive digital transformation for its global customers. Notably, it is the only Indian company worldwide to receive the HRH The Prince of Wales' Terra Carta Seal for its commitment to creating a sustainable future.

Ranked as the fastest-growing brand globally in the 'brand value rank' and among the top 7 IT brands globally in brand strength with an AA+ rating, Tech Mahindra is a leader in the industry.

In Japan, Tech Mahindra's primary industries include Digital Business and IT Services, system integration and digital transformation. With an established office in Tokyo, Tech Mahindra is committed to cultivating strong relationships with its customers.

Support by Business Development Center TOKYO (BDCT)

• Business matching

Reason for choosing to establish the company in Tokyo

Japan remains the third-largest economy by GDP in the world as of 2023. In addition to its substantial market size, Japan is recognized as a highly credible market. When considering opportunities in Asia, Japan emerges as a prime location for businesses. Tokyo, in particular, stands out as the epicenter of Japan's industrial activity, hosting the headquarters of most major business houses and companies in the country.

For any company looking to enter or establish itself in Japan, the first priority is often conducting business in Tokyo to tap into its sizable market. Japan boasts a developed nation status and an advanced economy, making Tokyo an attractive choice for our company's establishment in Japan.

User feedback on BDCT services

I appreciated the way BDCT worked for us. BDCT connected us with some local businesses, and I genuinely appreciate their efforts.

One of BDCT's most significant advantages is its focus on reaching entrepreneurs outside Japan, striving to offer them services to facilitate a smooth settlement in this market. From this perspective, I see it as a noble and proactive initiative in supporting people who want to start a business here.

Given the support I received from BDCT, along with the opportunities and discussions I engaged in, I can confidently say that BDCT was genuinely helpful.

Outlook for future business development

We are in the process of expanding, with plans to increase our spending and investment in Tokyo. When it comes to the IT sector, even some of the largest global IT companies generate substantial revenues in Japan, often reaching multiple of billions dollars. This is where we see significant opportunities for Indian SI companies such as ourselves. In terms of our company's growth strategies, achieving a multifold increase in the next five to ten years would be truly remarkable. If we succeed, we aspire to scale our current offerings to customers in Japan by high double digits in the future.

I believe that we can actively work towards gaining a larger market share in Tokyo and across Japan.

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