Guwahati: Kawazu, Japanese Deputy Chief of Mission in India kunihiko On Sunday, his country’s investment target of five trillion yen over the next five years would depend on the “investment climate” in India. However, the diplomat stressed that relations between Japan and India are growing in every field.
“We have already announced a target of investing five trillion yen in India over the next five years. This will be done by both the public and private sectors, including for various projects,” Kunihiko told PTI on the sidelines of a conference here. Including debt to India.”
He said that the key sectors that would attract the bulk of the investment would be manufacturing, climate change and infrastructure.
Kunihiko said, “This is the goal and we hope to achieve that figure. However, it is dependent on improving the investment climate in India. Without the effort and cooperation of the Indian side, achieving that investment target would be very difficult.” Will be difficult.”
Asked what he meant by “investment environment”, he said that stable energy supply, emphasis on infrastructure development and stability in policy are key to attracting capital to India.
“The relations between India and Japan are always growing in the 21st century,” said the Japanese embassy official in New Delhi. He said that his country’s exposure to India is currently around USD 30 billion.
In March, the Japanese Prime Minister fumio kishida Announced an investment target of five trillion yen (Rs 3,20,000 crore) in India over the next five years after talks with his prime minister Narendra Modi On a number of issues, including the Ukraine crisis.
Speaking at the ‘Natural Allies in Development and Interdependence’ conference here, Kunihiko said India and Bangladesh are the top two countries in the world that receive Japanese aid for various development projects.
“Japan would like to be a natural ally of India and neighboring countries. I look forward to working with the Indian government,” he said.
Kunihiko stressed that Japan does not like the domination of one country, surrounded by other countries of lesser authority.
“We believe in economic self-reliance and political autonomy. We stand with India in the Indo-Pacific by becoming a leader in this region,” he said.
Kunihiko also emphasized the importance of the Bay of Bengal and Northeast Areas of cooperation of Japan with India on foreign policy.
“We have already announced a target of investing five trillion yen in India over the next five years. This will be done by both the public and private sectors, including for various projects,” Kunihiko told PTI on the sidelines of a conference here. Including debt to India.”
He said that the key sectors that would attract the bulk of the investment would be manufacturing, climate change and infrastructure.
Kunihiko said, “This is the goal and we hope to achieve that figure. However, it is dependent on improving the investment climate in India. Without the effort and cooperation of the Indian side, achieving that investment target would be very difficult.” Will be difficult.”
Asked what he meant by “investment environment”, he said that stable energy supply, emphasis on infrastructure development and stability in policy are key to attracting capital to India.
“The relations between India and Japan are always growing in the 21st century,” said the Japanese embassy official in New Delhi. He said that his country’s exposure to India is currently around USD 30 billion.
In March, the Japanese Prime Minister fumio kishida Announced an investment target of five trillion yen (Rs 3,20,000 crore) in India over the next five years after talks with his prime minister Narendra Modi On a number of issues, including the Ukraine crisis.
Speaking at the ‘Natural Allies in Development and Interdependence’ conference here, Kunihiko said India and Bangladesh are the top two countries in the world that receive Japanese aid for various development projects.
“Japan would like to be a natural ally of India and neighboring countries. I look forward to working with the Indian government,” he said.
Kunihiko stressed that Japan does not like the domination of one country, surrounded by other countries of lesser authority.
“We believe in economic self-reliance and political autonomy. We stand with India in the Indo-Pacific by becoming a leader in this region,” he said.
Kunihiko also emphasized the importance of the Bay of Bengal and Northeast Areas of cooperation of Japan with India on foreign policy.