Japan Eyes Manufacturing Sector In India


‘FDI of Japanese companies in India has doubled since 2014’

Since the ancient era, India and Japan have cultural ties and the relationship is now being cemented through economic cooperation, said Kenji Hiramatsu, Ambassador of Japan to India while delivering a talk ‘Japan and India relationship’ at Andhra University here on Tuesday.

Referring to economic cooperation, he said, “Japan has history and tradition of manufacturing and we are keen on exploring the option in India.”

Asserting that India is the only country where the relationship is unique, Mr. Hiramatsu said, “It has improved in the last four years and it has become a tradition that Prime Ministers of India and Japan visit the respective countries at least once a year. Last year, Prime Minister Shinzo Abe visited India and Prime Minister Narendra Modi will be visiting Japan this year.”

According to him, the FDI of Japanese companies in India has doubled since 2014 and the projected public-private realisation stands close to 3.5 trillion yen between 2014 to 2019. Read More

You may also read!

Lenders trying to revive Jet Airways by management change: Source

Lenders led by the SBI  are trying to revive debt-laden Jet Airways  by change in management as they feel

Read More...

Defence Ministry chalks out guidelines for selection of shipyards for warship, submarine building projects

 The ministry of defence on Wednesday cleared fresh policy guidelines for selection of shipyards for major warship and submarine building projects

Read More...

Air Commodore Pathania takes over chief of IAF station Jammu

Air Commodore Ajay Singh Pathania, known for his instrumental role in humanitarian assistance and disaster relief helicopter operations, Wednesday

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu