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PM Modi meets top business leaders of Japan

PM Modi meets top business leaders of Japan

During his Japan visist. prime minister Narendra Modi on Monday met NEC Corporation's chairman Nobuhiro Endo and appreciated NEC’s role in India’s telecommunication sector. The two also discussed opportunities for new and emerging technologies in India, tweeted MEA spokesperson Arindam Bagchi. Endo spoke about opportunities in India in areas such as smart cities, emerging technologies and an innovative effort to encourage learning of Japanese in India. PM Modi and the NEC boss discussed several reforms being undertaken to enable ease of doing business in India including industrial development, taxation and labour.

Prime Minister Modi met Tadashi Yanai, Chairman, President and CEO of Uniqlo, Japan's leading apparel brand. “Mr. Yanai appreciated the entrepreneurial zeal of the people of India. PM Modi asked  Yanai to take part in the PM-Mitra scheme aimed at further strengthening the textiles sector,” 

 PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme is aimed at developing textile parks through a special purpose vehicle owned by the central and state government and in a public-private partnership (PPP) model. Each park will have an incubation centre, a common processing house and a common effluent treatment plant and other textile related facilities, such as design centres and testing centres. The Master Developer is not just required to develop the industrial park but also maintain it during the concession period.

The prime minister also met the adviser of automobile giant Suzuki Motor Corporation, Osamu Suzuki and later with Masayoshi Son, Board Director of SoftBank Group Corp.

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