Japan keen on improving business ties with India

Japan is the fifth largest investor in India with investments totalling over $2.175 billion, from 1991 to 2006. Kazumasa Kuboki, director general, Japan External Trade Organisation (JETRO), Bangalore, which is an initiative of the ministry of Economy, Trade and Investment, Government of Japan, said.

He was delivering a talk on the 'Business Opportunities Between Japan & India', at the Kanara Chamber of Commerce and Industry (KCCI).

Kuboki said that Japan was eager to develop its business ties with India, especially in providing logistical support in the fish food processing industry, ship building and in horticulture. There were about 450 Japanese companies in India, 77 in Bangalore alone, Kuboki said.

JETRO, set up in 1958 to promote exports had now shifted its focus towards promoting foreign direct investment in Japan and helping small to medium Japanese firms maximise their global export potential, he informed.

The Trade Tie up Promotion Programme (TTPP) website, the J-messe website, and the Invest Japan Business Support Centre (IJBSC) were same of the initiatives of Japan to facilitate trade with the country, Kuboki explained.