| | By Nick Farrell in Rome @ Friday, March 06, 2009 7:00 AM
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| | Japanese firms are turning to Indian outsources in a desperate bid to save cash in the economic downturn.
 According to the Economic Times, Japanese outfits are not worried so much by improving services, concentrating on core expertise, or any of the other reasons for outsourcing. They are saying that they want to save cash.
But what is unusual is that Japan usually outsource such contracts to companies within the country, and the rest to China and Korea.
One Japanese consultant said that smaller, project-based outsourcing was fine in China and elsewhere, but for the big stuff they needed to look at India.
Toshiba is already designing a $50-100 million deal, and TCS, along with Infosys and IBM, is currently pursuing an outsourcing contract worth around $60-100 million from Sony.
Tata Consultancy Services Asia Pacific head and executive VP Girija Pande said that mounting cost pressures are making Japanese companies take a fresh look at India. X
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