Piyush Goyal Pushes For Stronger India-Japan Economic Partnership
Tokyo: Commerce and Industry Minister Piyush Goyal on Monday began his official visit to Japan with meeting some of the leading CEOs and business leaders and strengthen the India-Japan economic partnership. Goyal is visiting Japan from August 24-27, travelling to Tokyo, Nagoya and Osaka while leading India’s largest-ever business delegation to Japan, comprising more than 200 business…
Indian Commerce and Industry Minister Piyush Goyal commenced his official visit to Japan on August 24, aimed at bolstering the India-Japan economic partnership. Accompanied by a delegation of over 200 business representatives, Goyal is set to engage with leading CEOs and business leaders in Tokyo, Nagoya, and Osaka.
During his opening meeting in Tokyo, Goyal engaged with Shingo Ueno, President & CEO at Sumitomo Corporation, discussing avenues to deepen the company's collaboration with India across energy transformation, mobility, and industrial infrastructure. Goyal highlighted India's investment-led growth and expanding manufacturing ecosystem as key factors that can strengthen the economic partnership between the two nations.
In Nagoya, Goyal met Toshiaki Nagasato, President and Representative Director of Meiji Seika Pharma Co., Ltd. Together, they explored opportunities to bolster India-Japan cooperation in the pharmaceutical sector and expand the company's manufacturing and research and development presence in India. Goyal emphasized that India's pharmaceutical ecosystem presents significant opportunities for Japanese partners to scale and achieve long-term growth.
The Indian business delegation encompasses more than 200 representatives from diverse sectors, including manufacturing, semiconductors, clean energy, steel, automotive, financial services, healthcare, and start-ups. This delegation underscores the ambitious goals both India and Japan aim to achieve through their Special Strategic and Global Partnership.
Throughout the visit, Goyal will participate in a series of meetings with top leadership from major Japanese conglomerates and industrial houses, as well as a round-table discussion with Keidanren, the apex body representing over 1,500 leading Japanese companies. Sessions dedicated to semiconductors, artificial intelligence, start-ups, and foreign institutional investors will take place in Tokyo, reflecting the growing interest of Indian investors in the country.
The final leg of Goyal's visit will be in Osaka, where an Investors and Business Roadshow will showcase opportunities in India's manufacturing, clean energy, and consumer markets. Meetings with leading Japanese companies in the electronics, industrial, and consumer sectors will further illustrate the potential for collaboration and growth between the two nations.
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