The joint venture, in which the Japanese firm would hold the majority stake of 51 percent, will provide offshore solutions in embedded software, hardware design, network and security, mobile technology to NEC.
Besides, it would also conduct research and development in high performance computing for NEC, its subsidiaries and their clients in Japan and worldwide.
The venture, which would be based at Noida, is expected to generate $25 million in three years and up to $100 million revenue a year in a five-year period, Shiv Nadar, CEO, HCLT said in New Delhi.
"It is a matter of pride for us to work together as partners with NEC and contribute in their growth by providing cost effective solutions in cutting edge technologies for NEC in Japan and for their global market.
"It is a first JV of its kind where a Japanese technology giant and one of the largest IT groups of India have come together to focus on Japan business," he said.
