New Delhi [India], July 2 (ANI): India and Japan ought to deepen collaboration in electrical mobility, battery storage, inexperienced hydrogen, carbon seize applied sciences and renewable power methods to strengthen their financial partnership, stated R. Mukundan, President, Confederation of Indian Industry (CII) and Managing Director & CEO, Tata Chemicals Limited.
Addressing the India-Japan Joint Economic Forum on Thursday within the presence of Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi, Mukundan stated the India-Japan Clean Energy Partnership provides vital scope for growth.
‘Building on this, we deepen cooperation in electrical mobility, battery storage, inexperienced hydrogen, carbon seize applied sciences and renewable power methods,’ he stated.
Mukundan recommended establishing a structured India-Japan Clean Technology Working Group below the India-Japan Business Leaders Forum (IJBLF) to take ahead these concepts and initiatives.
He stated India and Japan share a particular strategic and international partnership based on mutual belief, shared democratic values and a typical imaginative and prescient for a free, open and affluent Indo-Pacific area.
According to him, the partnership is steadily increasing throughout financial, technological and strategic domains, making it one of the crucial enduring and forward-looking bilateral relationships.
Mukundan stated conferences between the leaders of the 2 nations have enabled companies to advance cooperation in precedence areas corresponding to digital transformation, essential minerals, house, power and human useful resource growth.
He additionally highlighted the chance to develop the India-Japan Digital Partnership 2.0 in rising applied sciences, together with synthetic intelligence, robotics, quantum computing and superior manufacturing.
He stated India’s sturdy IT ecosystem and expertise base can complement Japan’s technological management. Mukundan added that the trade would proceed connecting innovation ecosystems, facilitating enterprise partnerships and supporting the adoption of Industry 5.0 and good manufacturing options, significantly amongst MSMEs.
He additionally highlighted ability growth as one other vital pillar of the partnership, supported by initiatives such because the Technical Internship Training Program (TITP) and the Specified Skill Worker Framework, and stated there may be sturdy potential to scale these efforts additional by structured trade partnerships aligned with future applied sciences. (ANI)