Shri Kamal Nath, Minister of Commerce & Industry inaugurated the Japan External Trade Organization's (JETRO) Business Support Centre in India (BSCI).
On this occasion, Shri Kamal Nath said that the BSCI will help Japanese SMEs to launch their business in India and provide necessary information and other support to them.
BSCI will help Japanese SMEs by providing them rental office space, free consultation by experienced advisors and access to a wealth of business information.
BSCI will be providing information on the specific needs of Japanese SMEs in respect of industrial structures, market shares and business practices in India viz. procurement of raw materials, product sales etc.
It will not only provide the information on the regulations and incentives from Central and State Governments but also information on procedural requirements for establishing a business such as company registration, tax procedures, and labor procedures.
It can also help SMEs to find a location for Office or Manufacturing Base through utilizing nationwide network of real estate companies.
The Minister also expressed the hope that an increasing number of Japanese SMEs would find opportunities in the large Indian market and noted areas such as chemicals, textiles, R&D, biotechnology and food processing for the same.
He said “the technology and innovation of Japan has to be synergised with India's workforce and BSCI would help achieve that in many ways”. Shri Kamal Nath also offered his Ministry's full support including providing necessary premises and accommodation, for setting of another such centre in Bangalore.
Press Information Bureau Government of India
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