Promoting open innovation between Japan and India

We support everything from innovation challenge definition, planning, implementation, to subsequent platform building

India is being utilized as an excellent location for open innovation by foreign companies. Multinational companies from overseas are already reaping great benefits by conducting activities in India, not only for technology and product development for their home countries but also with an eye on entering the Indian market and expanding their business globally. India has many fields where technology and research are at a world-class level, with a large number of survey samples and an environment conducive to proof-of-concept experiments with fewer regulations. The creativity of Indians and their driving force in chaotic environments also complement Japanese companies. Japanese manufacturing and IT companies are already implementing open innovation with India as part of their business cycle. The challenges for Japanese companies are defining innovation areas, vision for utilization in real business, innovation talent and culture within the company, building ecosystems involving internal and external stakeholders, and pipeline of partner candidates. Our directors, who have led open innovation in Japan for over 20 years and supported foreign companies implementing open innovation in India, will help solve these challenges. We can also help with prototyping, proof of concept, market introduction, expansion to joint ventures or M&A, creating mechanisms for innovation creation, employee skill enhancement, and global talent development.

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