The promise of faster decision-making and emphasis on infrastructure has Japanese investors excited, and they are ready to bank roll and provide expertise to develop India´s physical infrastructure.
Japan´s Ambassador to India Takeshi Yagi, along with representatives from that country´s development agencies, met department of industrial policy and promotion secretary Amitabh Kant recently to discuss investment plans in India, particularly in various infrastructure corridors.
The meeting was part of a mutual effort to give a thrust to Japanese investment in India. The two sides assessed how the government can work together with agencies such as the Japan International Cooperation Agency and Japan Bank for International Cooperation for speedier implementation of projects in hand and thereby bringing in more investment, he said. The meeting was attended by representatives from Japanese organisations JICA, JBIC, Japan Chamber of Commerce and Industry in India, Overseas Human Resources and Industry Development Association, and the New Energy and Industrial Technology Development Organization, besides Madhya Pradesh commerce and industry minister Yashodhara Raje Scindia.
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