Thursday, 29 December 2011

420 Japanese companies located in India generate more than 1.5 lakh jobs in India.

Japanese Prime Minister Mr Yoshihiko Noda, the Commerce, Industry and Textiles Minister Mr Anand Sharma CII ,FICCI, Assocham  meeting

- Sectors to be focussed by Japanses Companies - Agriculture , Infrastructure, Electronic hardware and pharma high end manufacturing.

There are around 420 Japanese companies located in India and they have helped generate more than 1.5 lakh jobs in India.

For Indian healthcare and pharma industry, especially the generics sector,  accessing the Japanese market will be huge oppurtunity. 

Japanese Technology ,Knowledge , investments and Expertise is being   focused on agriculture, agro-processing and food-processing to build an entire integrated value chain to develop 46 fully-equipped agro-processing zones or parks in India.

In the coming Five Year Plan (2013-17) projected investment in India’s infrastructure sector (including ports, airports and power projects)  is over $1 trillion - it will be another area of opportunity for Japanese companies.

Japanese government has committed $4.5 billion for the implementation of the $90 billion Delhi-Mumbai Industrial Corridor (DMIC) project. Japanese companies have decided to invest in six smart cities coming up along the DMIC. The Centre had earlier decided to allocate Rs 18,500 crore for financing the DMIC’s trunk infrastructure. 
Though India is a leader in IT and ITeS, it is in electronic hardware where India is going to invest. That is an ambition as the Govt is accelerating  efforts in (boosting) manufacturing.

Japan also has another huge opportunity in the recently announced National Manufacturing Policy which envisages encouragement of green technologies and to bring up integrated industrial townships for high-end manufacturing.

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