Piyush Goyal meets Japanese financial leaders to deepen capital flows and investment ties
Commerce minister pitches emerging sectors and policy reforms in Tokyo to help achieve a 10-trillion-yen private investment goal.
Commerce Minister Piyush Goyal met with Japanese financial leaders in Tokyo on Tuesday to strengthen capital flows, deepen investment partnerships, and increase Japanese involvement in India's growth story. Representatives from MUFG, DBJ, Mizuho, Morgan Stanley, Nomura, and Nippon Life discussed India's economic outlook, investment opportunities, and ways to facilitate Japanese institutional investment in the country.
Goyal emphasized India's strong and resilient economy, noting 7.7% growth last year and its goal to become a US$30 trillion economy by 2047. He highlighted key sectors where Japan can invest, such as semiconductors, AI, data centers, renewable energy, green hydrogen, and advanced manufacturing. The Japanese institutions expressed confidence in India's long-term growth prospects and shared their increasing engagement in various sectors.
They also highlighted the importance of simplifying processes for profit repatriation, improving access to Indian capital markets, and ensuring regulatory predictability for long-term investors.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
