"India is IT resource pool for the world. We are transforming ourself as a major IT company," Fujitsu India's head for JOC Business, Takashi Yano said.
"Few years ago we acquired Rapidigm which has development centre in Pune. We are planning to increase headcount there to about 10,000 people from around 3,000 at present," he added.
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Yano was speaking on the sidelines of event where India and Japan signed an ICT cooperation agreement.
"Both the governments started working on the project following the visit of Telecom Minister Kapil Sibal to Japan where he appealed companies to look at manufacturing in India. Fujitsu has made huge investments and we expect many more investment to come under this agreement," India-Japan Business Promotion Council's Chairman at Assocham Rahul Sharma said.
Both the countries have agreed to collaborate in developing technology and standards, cyber security space, policies to foster mutual investments, infrastructure promotion in the field of Information and Communication Technology.
"Our members are looking at development of 4G technology, GSM equipments, IP based electronic products in cooperating with Japanese company. We expect the deals between our members and Japanese companies to be signed within one year amounting to deals worth $150 million," CMAI President NK Goyal said.