New Delhi, April 30 (IANS): Indian IT businesses and Japanese electronic manufacturing industries can create win-win situations among them, an Indian-Japanese ministerial joint statement said here on Thursday.

Ravi Shankar Prasad, India's minister of communications and information technology, and Yoichi Miyazawa, Japan's minister of economy, trade, and industry, welcomed the progress of public-private initiatives and appreciated the outcome of the Japan-India Joint Working Group (JWG).

The leaders said highly-skilled Indian IT engineers and entrepreneurs can boost Indian and Japanese companies' creative business activities and innovation in new frontiers of IT such as Internet of Things (IoT) and Big Data.

India and Japan should regularly organise interactions to facilitate Indian companies' participation in Japan's IT-BPO business, Prasad said.

Miyazawa said attracting Indian IT engineers was essential for achieving the Japanese goal of doubling the number of foreign IT engineers working in Japan from 30,000 to 60,000 by 2020.