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Indian triad tie up with Japanese

Satyam Computers, Infosys and DCM Data Systems have decided to pledge their troth to Jasdic, the joint venture put up by a consortium of Indian and Japanese companies.

The three companies from India are putting together 24 million yen each to grab 10 per cent each of the pie.

Satyam Computers have already got the Reserve Bank of India's clearance for its investment while Infosys and DCM Data Systems are likely to get the green signal soon.

T O D A Y

• No let-ups • Indo-Japanese venture • Motorola's new facility • SAP's training centres

HCL and Dastur, two other firms which had planned to get onto the bandwagon, finally didn't. HCL plans to make headway in Japan through its joint venture with CSK Corporation.

Jasdic's turnover is expected to cross $ 90 million in the first year, starting this July, and to cross $ 200 million by 2000 with a 10 per cent profit margin and 20 per cent dividends for shareholders.

The Japanese partners, including heavyweights NTT and Duskin, will provide marketing and sales inputs, and after sales service for software developed by them together with the Indian firms.

-Compiled from the Indian media

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