Key Event Details
Quess International Services Private Limited (QISPL), a wholly owned subsidiary of Quess Corp Limited, has entered into a strategic collaboration with Institution for a Global Society (IGS) and Indo-Pacific Advisory (IPA) to establish an Indo-Japan Global Capability Center (GCC) corridor. The company specifically notes that QISPL is not a material subsidiary of Quess Corp.
Partnership Objectives
The initiative aims to open opportunities for Japanese companies to set up GCCs in India across multiple high-growth sectors including AI, engineering, cybersecurity, BFSI, and digital transformation. The partnership will support leading Japanese enterprises in building, scaling, and transforming their India operations.
Strategic Context
The collaboration leverages the deepening Special Strategic and Global Partnership between India and Japan, with Japan's commitment to invest 5 trillion yen in India by 2027. A renewed 2025 bilateral agreement targets 10 trillion yen in private investment over a decade. The cooperation advances under frameworks including the Japan-India Digital Partnership and Industrial Competitiveness Partnership, spanning semiconductors, critical minerals, and advanced technologies.
Market Background
Over 70% of Japanese firms cite growing need for advanced cloud, AI, and machine learning capabilities. Government projections indicate requirement for up to 790,000 additional IT and engineering professionals by 2030. India currently hosts over 2,000 Global Capability Centers, establishing itself as the world's leading GCC destination.
Target Sectors
The GCC corridor will support Japanese enterprises across BFSI, manufacturing, healthcare, energy, education, and SME ecosystems.
Executive Commentary
Lohit Bhatia, Executive Director & Group CEO, Quess Corp: "India has cemented its position as the world's foremost destination for GCC growth... Through this collaboration, we are establishing a structured Indo-Japan GCC corridor that enables Japanese companies to build and scale operations in India."
Masahiro Fukuhara, Founder and CEO of IGS: Highlighted Japan's talent shortage and aging workforce, noting India's 430 million people under age 18 and strong STEM orientation as strategic complements.
Nihal Chauhan, Founder, IPA: Emphasized that the partnership addresses execution challenges for Japanese firms seeking to navigate regulatory environment and build local relationships in India.
Additional Information
The complete press release is available on the company website at www.quesscorp.com.