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Japanese industrial townships to come up in four states

Prime Minister Narendra Modi on Thursday said that four locations have been finalized for development of Japanese industrial townships in…

Japanese industrial townships to come up in four states

(Photo: PIB)

Prime Minister Narendra Modi on Thursday said that four locations have been finalized for development of Japanese industrial townships in Gujarat, Rajasthan, Andhra Pradesh and Tamil Nadu.

Speaking at the India-Japan Annual Summit, Modi said: “Four locations have been finalized for development of Japanese industrial townships in Gujarat, Rajasthan, Andhra Pradesh and Tamil Nadu.”

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“Japan can benefit tremendously with the size and scale of our potential and skilled hands that India offers,” he added.

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Modi further said that a series of “administrative reforms” have significantly improved the business sentiment in the country and that the “growing convergence” between Japan and India has the capacity to stimulate global economy.

“I have been saying that 21st Century is Asia’s century. Today, Asia has emerged as the new centre of global growth,” Modi said.

“With the strength of our friendship and trust, I invite more and more Japanese people and companies to come, live and work in India,” he added.

India and Japan on Thursday signed 15 agreements, including one to give a fillip to India’s Act East policy by enhancing connectivity and developmental projects in India’s northeast, and for more flights between the two countries.

The agreements were inked after the annual bilateral summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe here.

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