Goyal leads a 200-member delegation to Japan; focus on drawing investments & tech partnerships

Union Commerce and Industry Minister Piyush Goyal will head a 200-person delegation to Japan for a four-day visit beginning today. The delegation's primary objectives include holding bilateral talks, attracting investments, and establishing partnerships across various sectors like semiconductors and artificial intelligence. Their itinerary encompasses stops in Tokyo, Nagoya, and Osaka, where they will engage in government-to-government and business-to-business meetings across multiple industries to foster cooperation and investment.

In Tokyo, Goyal will meet leaders of prominent Japanese conglomerates and industrial houses that have supported India's growth. They will also participate in a round-table discussion with Keidanren, the Japan Business Federation, representing over 1,500 leading Japanese enterprises. Dedicated sessions will cover semiconductors, artificial intelligence, startups, and interactions with foreign institutional investors, highlighting India's increasing appeal as an investment and innovation hub.

The business delegation includes representatives from diverse sectors such as manufacturing, semiconductors, clean energy, steel, automotive, finance, healthcare, and startups. Goyal will also meet with his Japanese counterpart, Minister of Economy, Trade, and Industry Akazawa Ryosei, and senior government and parliamentary figures. Additionally, he will interact with the Indian community residing in Japan.

The visit will culminate in Osaka with an 'Investors and Business Roadshow' and meetings with major Japanese companies in electronics, industrial, and consumer sectors, aiming to showcase opportunities in India's manufacturing, clean energy, and consumer markets. This visit is anticipated to reignite momentum in bilateral trade and investment ties, according to officials at the Federation of Indian Chambers of Commerce & Industry (FICCI).

FICCI Director General Jyoti Vij noted that it is the 50th India-Japan Business Cooperation Committee edition and the 75th year of diplomatic relations between the two nations, emphasizing the importance of re-engagement on both governmental and business levels.