Union Commerce Minister Nirmala Sitharaman today invited Japanese companies to explore investment opportunities in India and highlighted the Centre’s various reform initiatives to boost infrastructure landscape in the country.
The Commerce and Industry Ministry said in a statement that Nirmala Sitharaman addressed a gathering at the India Investment Seminar organised by Japan External Trade Organisation (JETRO) in Tokyo today about investment opportunities available in India.
Sitharaman in her keynote address acknowledged the experience and contribution of Japanese companies in India. The Minister talked about investment opportunities available in India with the goal to increase contribution of manufacturing sector to 25 per cent of GDP by 2025.
She also spoke on the various reform initiatives like National Investment and Infrastructure Fund (NIIF) for enhancing infrastructure financing, Digital India programme to connect 250,000 villages with optical fiber and Jan Dhan scheme.
The Indian delegation led by Sitharaman met Hiroshige Seko, Japan’s Minister for Trade Economy and Industry (METI) and several business leaders. Sitharaman also met top business leaders of leading Japanese companies in automotive, healthcare, internet and energy sector and discussed opportunities and their plans for India.