The efforts made to become a global manufacturing center for regions such as electronics, conductors and vehicles in New Delhi, March 23, opens new investment opportunities for Japanese companies. This was said in a report issued on Sunday.
Shaardul Amarchand Mangaldas and Ficci stated, “Vikas story in India: New opportunities for Sme of Japan ‘that other areas where companies in both countries can increase store homes, packaging materials, cold storage chain, dairy, defense and space.
It states that technical coordination between Japanese companies and the emerging information and technology industry provides an exciting opportunity for innovation.
“Through the Cooperative Research and Technology Transfer Initiative, small and medium enterprises in Japan can integrate these modern solutions in their operations, which will increase their efficiency and will be able to lead global competitiveness,” the report says.
It states that the huge domestic market in India, consumer electronics, cars, health care and food processing, ensures strong internal demand in all areas of the small middle -class and rich quickly.
“India’s policies directed towards export, with the support of the wide network of commercial agreements and geopolitical position, makes it an ideal center for Japanese companies that want to export their products, especially to Africa and Western Asia,” the report says.
“The current and future free trade agreement in India (FTA) and bilateral relations with major economies provide significant export opportunities for Japanese companies operating in India,” said Rudra Kumar Pandnesse, the partner of Chardol Amarshand Mandaadias.
(This is a uniform and automatically created story from feeding joint news. There is likely that there is no change or editing by the latest employees)
