Saturday, June 25, 2022
News

Japanese companies strongly support self-reliant India campaign: Osamu Suzuki

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Tokyo | May 23, 2022 2:54:07 PM IST
Economic reform measures taken by Prime Minister Narendra Modi government would transform India into a "model landscape" and the Japanese companies strongly support the self-reliant India campaign, former chairman of Suzuki Motor Corporation Osamu Suzuki said on Monday.

"The reforms of Prime Minister Modi are indescribable in the sense that he is bringing reforms which are changing all of India into a very model landscape and especially self-reliance theme of Prime Minister Modi is being supported very strongly by Japanese companies," Osamu Suzuki, Senior Advisor, Suzuki Motor Corporation, said after meeting Prime Minister Modi in Tokyo.

"It is a very important milestone that in the year of 70th anniversary of Indo-Japanese diplomatic relations Prime Minister Modi has taken the initiative to visit Japan. It was very important for us to meet him on this particular occasion," he said.

During the meeting, they "discussed further investment opportunities in India, including setting up of production facilities for electric vehicles and batteries as well recycling centres, for realising the goal of sustainable growth".

Suzuki Motor Corporation's arm Maruti Suzuki is India's largest carmaker. Suzuki Motor Corporation has shown commitment to further boost investments in India.

During the meeting, Prime Minister Modi recalled Osamu Suzuki's association and contribution in India and appreciated the transformational role of Suzuki Motors in the automotive industry of India, according to an official statement released by the Prime Minister's Office.

Former chairman and CEO of Suzuki Motor Corporation Osamu Suzuki is now designated as a Senior Advisor in the company.

They appreciated that Suzuki Motor Gujarat Pvt. Ltd. and Maruti Suzuki India Ltd. were among the applicants approved under the Production Linked Incentives (PLI) scheme in automobile and auto component sector.

They also discussed strategies for building the local innovation system in India, including skill development through Japan-India Institutes of Manufacturing (JIM) and Japanese Endowed Courses (JEC), the statement said. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Assam flood: Reliance Foundation contrib...
How the startup TeleCRM found its USP an...
Govt issues notification for 'Bharat New...
Here is why Infin Pixels is the best Ins...
Kauvery Hospital steps in as healthcare ...
CARE EDGE assigns AA- rating to Svatantr...
More...
 
INDIA WORLD ASIA
Hyderabad: Khairatabad Ganesh idol to be...
NHRC issues notice to environment minist...
Mukesh Ambani donates Rs 25cr towards As...
Terror conspiracy case: NIA searches at ...
WW-II veterans' pensions held up in West...
Rujira Banerjee facing ED grilling with ...
More...    
 
 Top Stories
Assam Police destroys huge quantity... 
Ukraine's Severodonetsk 'completely... 
Sack 'Cabinet Minister' involved in... 
China attempts to intimidate Taiwan... 
With Salman Khan, there are only ha... 
Rebel MLA Mahesh Shinde says NCP tr... 
Anurag Thakur calls for enrolment o... 
Hulu cancels comedy series 'Woke' a...