Japan's green card norm boost for IT

Japan accounts for 2% of the nearly $110-billion IT services export revenue of Indian companies

India’s IT services industry expects Japan’s proposal to relax residency norms for highly skilled professionals to set a trend of new geographies welcoming Indian talent that could potentially offset some impact on business slowdown from the US.

Japan accounts for two per cent of the nearly $110-billion IT services export revenue of Indian companies.

The new “Japanese Green Card for Highly Skilled Professionals”, which is likely to be effective from April, comes as a “positive vibe” for Indian IT players at a time when the US has taken a protectionist stance for H1-B visas. Under this revised green card norms, the period