Japan keen to partner in infra and other sectors in Kerala

Top Stories

»	Indian stock market opens in green, defies geopolitical tensions
»	India’s infrastructure sees rapid progress in last decade as capex surges: FM Sitharaman
»	India embraces cashless revolution in last 11 years: Nirmala Sitharaman
»	Indian stock market opens in green, IT and PSU banks lead
»	RBI booster: EMIs, tenure set to come down for home loan borrowers

SME Times News Bureau | 13 Sep, 2012
Japan is keen to participate in infrastructure, information technology and healthcare projects in Kerala, top Japanese officials said Thursday.

"We are keen on partnering in the infrastructure projects in Kerala. Further, Japanese companies can look at IT companies based in Kerala for business," Shinya Fujii, director general at Japan External Trade Organisation (JETRO) said.

Fujii said a Japanese delegation is planning to meet Chief Minister Oommen Chandy in a day or two to explore business possibilities.

JETRO is a Japanese government-supported organisation that works to promote trade and investment between Japan and the rest of the world.

Fujii, however, said land is a major constraint in Kerala to bring in big industrial investments to the state.

He was addressing the country session on "Business opportunities through economic cooperation between Japan and India" at the ongoing Emerging Kerala investment summit here.

JETRO deputy director Hajime Nakamura identified information, communication and technology (ICT) and healthcare as two areas India and Japan can collaborate in.

He said there are 812 Japanese companies in India as of October 2011 of which 47 are in Kerala.

Electronics and logistics top the list in which Japan partners Kerala, he added.

Fujii outlined Japan's strategy for complete resurgence from last year's major earthquake which centred on 11 growth strategies and 38 priority policy actions.