Tokyo [Japan], August 25 (ANI): India’s information centre and semiconductor sectors supply important alternatives for development and deeper India-Japan cooperation, given the nation’s entry to renewable energy, land availability and potential for energy redundancy, FICCI President Anant Goenka mentioned.
In an unique interview with ANI on India-Japan partnership, Goenka mentioned information centres are anticipated to see important development and will supply scope for larger India-Japan collaboration.
‘We are information centres as a really giant house the place there may be anyway going to be numerous development coming in,’ Goenka mentioned, highlighting India’s entry to renewable energy, availability of a number of energy sources for redundancy and land availability.
His remarks come as Commerce and Industry Minister Piyush Goyal leads a 200-member Indian enterprise delegation in Japan to strengthen financial and business ties between the 2 international locations.
Goenka mentioned the high-tech and semiconductor sectors had been additionally being checked out as areas of potential cooperation.
‘…the high-tech and semiconductor house was one other space that we checked out,’ he mentioned, including that some segments have already got a excessive stage of maturity whereas there stays scope for additional development.
The four-day go to, at the moment underway and set to conclude in Osaka, covers Tokyo, Nagoya and Osaka, with representatives from key sectors together with manufacturing, semiconductors, clear vitality, metal, cars, monetary companies, healthcare and start-ups.
India and Japan share a Special Strategic and Global Partnership, with business and enterprise ties relationship again to 1972, when Panasonic established its manufacturing facility in India. Japanese firms equivalent to Suzuki and Denso adopted, establishing operations within the nation within the early Eighties.
According to authorities information, bilateral commerce between India and Japan stood at USD 27.47 billion in FY 2025-26. India’s exports to Japan had been valued at USD 6.04 billion, whereas imports from Japan stood at USD 21.43 billion.
India’s key exports to Japan embody natural chemical substances, autos apart from railway and tramway tools, nuclear reactors, aluminium and associated merchandise, and fish and different aquatic invertebrates.
Major imports from Japan embody nuclear reactors, copper and associated merchandise, electrical equipment and tools, inorganic chemical substances, and iron and metal. (ANI)