HomeLatestCommerce Minister Piyush Goyal pitches India's manufacturing alternatives to Japanese corporations throughout...

Commerce Minister Piyush Goyal pitches India’s manufacturing alternatives to Japanese corporations throughout key sectors

Osaka [Japan], August 27 (ANI): Union Commerce and Industry Minister Piyush Goyal held conferences with senior executives of main Japanese corporations in Osaka, in search of to deepen India-Japan cooperation and entice funding throughout semiconductors, electronics, aluminium, paints and coatings, and sports activities manufacturing.

The Minister shared the event in a collection of tweets. Goyal met with a delegation led by Katsumi Azuma, President and CEO of ROHM Co. Ltd., and mentioned alternatives to strengthen cooperation in semiconductors and digital elements manufacturing.

‘India’s increasing electronics ecosystem provides vital scope for better collaboration and funding,’ the Minister mentioned.

The Commerce Minister additionally met Takaaki Yamamoto, Chairman of Daiki Aluminium, to debate the corporate’s engagement in India and alternatives to increase cooperation in aluminium manufacturing and allied industries.

The discussions centered on leveraging India’s rising manufacturing base and rising home demand, because the nation continues to place itself as a significant manufacturing and supply-chain hub.

‘Discussed the corporate’s engagement in India and alternatives to deepen collaboration in aluminium manufacturing and allied industries by leveraging India’s rising manufacturing ecosystem and rising demand,’ he mentioned.

Goyal individually met Yuichiro Wakatsuki, Director, Representative Executive Officer and Co-President of Nippon Paint Holdings.

‘We mentioned alternatives to strengthen India-Japan cooperation within the paints and coatings trade,’ he mentioned including, ‘India’s increasing manufacturing and infrastructure panorama provides sturdy potential for better funding and partnership.’

The minister additionally met Akito Mizuno, Representative Director and President of Mizuno Corporation, with discussions centred on funding and collaboration in sports activities gear, sportswear and footwear.

‘Discussed alternatives for funding and better collaboration in India throughout sports activities gear, sportswear and footwear segments, with a give attention to driving innovation & enhancing the worldwide competitiveness of India’s sports activities trade,’ he mentioned.

Today marks the fourth day of the Minister’s Japan go to, underscoring the sturdy momentum behind the India-Japan Special Strategic and Global Partnership, as each nations search to additional deepen commerce and funding ties.

According to authorities knowledge, bilateral commerce between India and Japan stood at USD 27.47 billion in FY 2025-26. During the interval, India’s imports from Japan stood at USD 21.43 billion, whereas exports to Japan had been valued at USD 6.04 billion. (ANI)

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