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Finance
Japan's Mizuho to triple workers at Indian IT, back-office unit
Financial group aims to consolidate operations and secure tech talent
Mizuho Global Services India opened a new office in Chennai on Oct. 10. (Mizuho)
YUKI SEKIGUCHI, Nikkei staff writer
October 18, 2024 02:31 JST
TOKYO -- Japan's Mizuho Financial Group plans to triple its tech and administrative staff in India to around 1,000 workers by the end of fiscal 2027, turning the country into its main hub for these operations.
Founded in 2020, Mizuho Global Services India handles trade and risk-related administrative tasks for more than 10 countries, as well as developing robotic process automation technology and artificial intelligence tools. It will expand into regulatory-related areas such as identity verification and cybersecurity.