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Japan's Investment In India Depends On...: What Envoy Said

Japan's Investment In India Depends On...: What Envoy Said

NDTV
Sunday, May 29, 2022 11:27:24 AM UTC

Japanese Deputy Chief of Mission in India Kawazu Kunihiko emphasised on the importance of the Bay of Bengal and Northeastern regions in Japan's cooperation with India over foreign policy.

Japanese Deputy Chief of Mission in India Kawazu Kunihiko on Sunday said the investment target of five trillion yen over the next five years from his country will depend on the "investment atmosphere" in India.

The diplomat, however, asserted that the relationship between Japan and India is on the rise in every field.

"We have already announced a target to invest five trillion yen in the next five years in India. This will be by both public and private sectors, including debts to India for various projects," Kunihiko told PTI on the sidelines of a conclave here.

The major areas likely to attract the chunk of the investment will be manufacturing, climate change and infrastructure, he added.

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