PM Modi holds talks with Japanese business delegation

Prime Minister Narendra Modi on Thursday held talks with a high-powered delegation from the Japan Association of Corporate Executives over strengthening bilateral trade, enhancing investment opportunities, and fostering collaboration in key sectors. Modi received the delegation from Keizai Doyukai (Japan Association of Corporate Executives) led by its chairperson Takeshi Niinami, and 20 other business delegates to hear their views and ideas to deepen economic cooperation between India and Japan, an official statement said. The discussion covered strengthening bilateral trade, enhancing investment opportunities, and fostering collaboration in key sectors such as agriculture, marine products, space, defence, insurance, technology, infrastructure, civil aviation, clean energy, nuclear energy and MSME partnership.
The statement said that during the meeting, Modi highlighted India-Japan Special Strategic and Global Partnership and reaffirmed India's determination to provide a business-friendly environment. He also highlighted the Japan Plus system developed in India to facilitate and fast-track Japanese investments in India.The prime minister emphasised that there should be no ambiguity or hesitation for investors. India's governance is policy-driven, and the government is committed to ensuring a transparent and predictable environment, he added. Modi said that immense scale of growth of aviation sector exists in the country, noting that India is working to building significant infrastructure, including the construction of new airports and the expansion of logistics capabilities, according to the statement.
The Keizai Doyukai delegation shared their plans for India as both sides expressed optimism about future collaborations and looked forward to deepening business and investment ties in the years ahead. Takeshi, representative director, president & CEO, Suntory Holdings Ltd, appreciated the thriving relations between India and Japan under Modi's leadership and said he sees huge opportunity for Japan to invest in India. Tanakaa Shigehiro, corporate senior executive vice president and chief government affairs officer, NEC Corporation, remarked that PM Modi explained very clearly his vision and expectations for Japanese industry to invest in India, the statement said.