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Japan Companies Keen to Come to India: Fadnavis

While reckoning India’s potential, Japanese companies no longer feel safe investing in China. They are looking forward to India, Deputy CM Devendra Fadnavis said on Saturday.

Concluding five days’ tour of Japan, Fadnavis returned to Mumbai on Saturday where he was accorded a warm welcome by party workers.

Addressing the media outside Mumbai airport, Fadnavis said, “One key aspect which emerged during the official tour was the growing confidence of Japan government and companies on India. The relations between India and Japan have become stronger.”

Fadnavis said, “Japan is looking at India as a better option for business partnership and investment. They have sensed the potential and security of doing business collaboration and investment in India.”

According to Fadnavis, “Japanese companies want to come to India. They no longer feel safe investing in China. They are now looking at India for security. They find India safer destination for business partnership and long term investments.”

The Japanese companies have expressed confidence in new India under the leadership of Prime Minister Narendra Modi. They believe that compared to other countries, India has greater potential.

Maharashtra, which is the leading destination in terms of economic and foreign direct investment, is bound to play greater role. It will be our endeavour to encash the trust Japanese companies and government has shown in India. Maharashtra will have the biggest share in drawing investments from Japan, the Deputy CM said.

He added, “The Japan tour was very satisfying. I held a series of interaction and business meeting with Japanese companies and Japanese government officials on trade and economy.”

Source : Indian Express