Finance Minister of India, Arun Jaitley is on a tour to Japan and he is expected to meet a large number of investors in the country with the target of attracting investments in India.
“We already have over a thousand Japanese companies which have invested in India. (Japanese) Prime Minister (Shinzo) Abe seeks to double it and therefore, I would be meeting individually as well as collectively a large number of investors,” Jaitley told reporters in Tokyo.
India has been inviting a lot of foreign companies to come and invest in India under the Make in India initiative. Recently, the President Pranab Mukherjee was in China and he told investors to come and invest in India as we will make a very conducive environment for them to invest in this country.
The Finance Minister is one a six-day tour to Japan and a lot is expected from this tour. Jaitley is scheduled to meet Suzuki Motor chairman Osamu Suzuki on Tuesday. He is also slated to meet Japanese Prime Minister Shinzo Abe and other Japanese government officials.
Recently, Japan’s Softbank announced that they would be investing $10 billion in the country in the next five years in the domain of solar and Internet.
By Atanu Kumar Das
