708-Chaudhari Technical Institute, Gandhinagar - Gujarat ...

Japanese Interested In Gujarat
Japanese investment in the state is poised to rise in the coming years,
members of the delegation who accompanied chief minister on the Japan
tour, said on Saturday.
“A large number of Japanese companies have evinced interest in coming to
Gujarat. We are confident that massive investments will be made by
Japanese companies in Gujarat in the coming years,” MaheshwarSahu,
principal secretary, industries department, told media persons.
Japanese investment in Gujarat would be mainly in automobiles, auto
ancillary, solar panel manufacturing and in textiles to a certain extent, he said.
“The Japanese government and industry are very serious on expanding ties
with Gujarat. Currently, only 29 Japanese companies have presence in
Gujarat. This number is poised for a big jump in the next couple of years,” he
added.
Sahu said that the visit was a highly successful one and would open doors for
enhanced co-operation between Gujarat and Japan in various sectors.
ZydusCadila CMD, Pankaj Patel, who was one of the delegation members,
too said that Japanese businessmen had shown a lot of interest in Gujarat.
“There were fruitful discussions on enhancing investment, tourism and cultural
activities during the tour,” Patel said.
ParimalNathwani of Reliance Industries said that Gujarat occupies an
important place in the scheme of things of Japanese companies.
“The treatment given to the CM during the tour was similar to that given to a
PM. It seems that the Japanese have full trust in the chief minister’s
leadership,” he said.
Sudhir Mehta, CMD of Torrent Group, said that chief minister Modi’s visit to
Japan in 2007 is now bearing fruit.
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