The Commerce and Industry Minister, Mr. Kamal Nath, pointed out that the Mumbai-Delhi Industrial Corridor was expected to transform India's economic landscape and strengthen the business bonds between the two countries.
The industrial corridor, he said, was $ 90 billion investment opportunity and urged Japanese business leaders to inspire small and ancillary companies to look towards India.
Mr. V. Dhoot, President, ASSOCHAM emphasized the importance of Japanese FDI, as the key to the bilateral trade expansion lay in more FDI flow. Higher FDI in the manufacturing sector would undoubtedly contribute top promoting trade in components and finished products between Japan and India, and would change the existing trading structure, he said.
Mr. Sunil Bharti Mittal, President, CII said Indian companies are looking to Japan for leadership in breakthrough management and disruptive innovation that will take Indian companies to the next level of attainment.
“ As we continue to build brands, expand our global footprint and access international markets, we will continue to seek guidance from Japan and Japanese corporates”, Mr. Mittal said.
Mr. Habil Khorakiwala, President, FICCI pointed out that there were several profitable investment opportunities in India. Power, urban transportation, development of ports and inland waterways, airports, SEZs etc were some of the sectors where India could immensely benefit from Japan's financial strength and technological capabilities.
Confederation of Indian Industry
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