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India, Japan chalk out programmes for Circa 2012
New Delhi, Dec 31 : The year 2011 comes to an end. But for the coming year 2012 India has chalked out its programme with Japan, the most valuable ally in East Asia as a part of its Look East Policy.
The celebration of the 60th Anniversary of establishing diplomatic relations between the two countries is top on the agenda for the year 2012. This will include a series of cultural and people-to-people exchange programmes.
Bilateral exercise between Indian Navy and Japan Maritime Self-Defence Force will be held in 2012. Joint exercise between the Indian Coast Guard and the Japan Coast Guard is slated in January 2012.
Negotiations have begun on a Social Security Agreement.
Amid global economic uncertainties, ensuring the stability of the financial markets is all the more important for the stable economic development of the two countries. To this end, the two Prime Ministers decided to enhance the earlier bilateral currency swap arrangement from $ 3 to $ 15 billion.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
The 5th meeting of the India-Japan Energy Dialogue will be held in 2012. India and Japan have reaffirmed working together towards success of the Seoul Nuclear Security Summit in March 2012.
Japan will be hosting an international conference for cooperation in disaster risk management in Tohoku region in 2012. About 600 Indian youth will be invited under the new Kizuna (bond) Project aimed at promoting understanding of Japans revival from the Great East Japan Earthquake. Indian and Japanese experts would study the ground level situation and formulate ways for ensuring safety of nuclear projects.
The Joint Ministerial Level Economic Dialogue and India-Japan Business-Government Policy Dialogue will he held in 2012. The Visionary Leaders for Manufacturing (VLFM) Programme has been extended till March 2013. India-Japan Comprehensive Economic Partnership Agreement has come into force since August 2011. After a dip in the previous year, trade turnover reached almost $15 billion in 2010 and the trend in 2011 is equally encouraging. A target of $ 25 billion in bilateral trade has been set for the year 2014.
There are about 825 Japanese companies operating in India as compared to 8400 Japanese companies in China. Out of which 8000 are in Shanghai alone. Japanese FDI inflows to India account for just over one per cent of Japans total outward foreign direct investment (FDI) flows. Hence there is a scope for increasing Japanese FDI flows into India.
Japan will host a ministerial conference on Afghanistan in Tokyo in July 2012. India and Japan have expressed their hope for the success of the 11th Conference of the Parties to the Convention on Biological Diversity (CBD-COP11) to be held in Hyderabad in India in 2012. Japanese Prime Minister Yoshihiko Noda extended an invitation to the Indian Prime Minister Dr Manmohan Singh for the next Annual Bilateral Summit in Japan in 2012 at a mutually convenient date to be decided through diplomatic channels which the latter accepted.
The Japanese Prime Minister, Yoshihiko Noda was on a two-day visit to India from December 27, 2011 to co-chair the sixth India-Japan Annual Summit Meeting alongwith his counterpart Dr Singh.
On December 27, Prime Minister Noda launched the India-Japan Global Partnership Summit-2013. The event of the launch was organized by the India Center Foundation in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI).
The idea of the Global Partnership emerged in late nineties as part of India Centers vision. It was formally announced when the then Japanese Prime Minister, Yoshiro Mori met his Indian counterpart, Atal Bihari Vajpayee in 2000.
The India-Japan Global Partnership Summit-2011 was held from September 5 to 7 in Tokyo which provided a platform for the macro vision to formulate a new socio-economic framework.
On India-Japan Global Partnership Summit, Prime Minister Noda said :one of my favourite phrase goes like this anything that last for 10 years is great, anything that last for 20 years is tremendous and anything that lasts for 30 years becomes history India-Japan Global Partnership has entered into the forum of greatness.
According to the Chairman, India Center Foundation, Vibhav Kant Upadhay in the last India-Japan Global Partnership Summit-2011 in Tokyo friends from Nepal, Singapore, Vietnam, United States and Europe had joined the Summit to see how the wisdom from around the world can put together this effort and work for the betterment of humanity.
On December 28, 2011 at the sixth India-Japan Annual Summit talks in Delhi both the Prime Ministers agreed to expand their Strategic and Global Partnership to include more areas in political, security and economic sectors. They agreed to carry out joint military exercises, particularly naval exercises. The bilateral exercise between the Indian Navy and the Japanese Self Defence Forces to be held in 2012.
They agreed to continue negotiations on civil nuclear cooperation. Japan has removed seven Indian entities from its end user list and has offered to transfer Bullet Train technology to India. They decided to work for finalising currency swap.
Both the Prime Ministers discussed the possibility of a new Chennai Bengaluru Industrial Corridor project in South India, where many Japanese firms have invested. We have instructed our officials to look into the modalities of cooperation apart from the Western Dedicated Corridor, Delhi-Mumbai Industrial Corridor (DMIC), Delhi and Bengaluru Metro projects and expansion of Kolkata Metro.
They agreed to encourage Indian and Japanese firms to cooperate in the area of rare earths and rare metals.
Both the leaders reviewed important regional and global issues, including the situation in Afghanistan. Japan wanted to share its concern over the emerging situation in North Korea with India. They reviewed the challenges posed by the slowdown of the international economy and proposed that if India and Japan can build virtuous cycles of growth, this will contribute immensely to the early revival of the global economy. They agreed to strengthen coordination and cooperation within the East Asia Summit process and in creating conditions for a prosperous, open and inclusive architecture for regional cooperation. They renewed their intention to work both bilaterally and within the G-4 for the reform of the United Nations Security Council.
Prime Minister Noda pledged that Japan would extend loans totaling 134.288 billion yen to two new projects, namely, Delhi Mass Rapid Transport System Project Phase III and West Bengal Forest and Biodiversity Conservation Project as the projects of first batch in the fiscal year 2011.
The two Prime Ministers emphasised the importance of an early realisation of the Western Dedicated Freight Corridor (DFC) which runs through the Delhi-Mumbai Industrial Corridor (DMIC) with Japans support. In this context, both sides will expedite work on Phase II of the DFC with a view to starting implementation of the project as early as possible.
The two Prime Ministers welcomed the launch of a 9 billion dollar India-Japan DMIC facility. Noting the significant progress made by Indias contribution of a 175 billion rupee fund for development of trunk infrastructure, Prime Minister Noda announced the intention of Japan to make available for DMIC projects Japans public and private finance totaling 4.5 billion dollars in the next five years, which includes appropriate financing from the Japan Bank for International Cooperation (JBIC) as well as ODA loan. The two Prime Ministers felt that the DMIC Project would redefine the character of infrastructure growth in India through advanced technology and green growth.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
Towards this end, in order to effectively utilise the facility and to facilitate investments by Japanese companies, India has proposed to endeavour to resolve issues within the existing regulatory framework and guidelines of capital regulations, and an inter-departmental consultation mechanism will also be established by India to provide expeditious solutions to issues raised by Japan during the course of implementation of the DMIC Project.
To meet the energy requirements in the DMIC region, adequate gas for power projects of DMIC would be made available at reasonable rates and in a timely manner. The two leaders expressed satisfaction at the steady progress of the individual Early Bird Projects and Smart Community Projects in the DMIC. In particular, the two Prime Ministers decided to accelerate the efforts by the relevant authorities for an early realisation of seawater desalination at Dahej, Gujarat; a microgrid system using large-scale photo-voltaic (PV) power generation at Neemrana Industrial Area in Rajasthan and gas-fired independent power producer (IPP) in Maharashtra, recognising their potential to serve as a successful model of India-Japan cooperation on the DMIC.
The two Prime Ministers stressed the importance of infrastructure development in the areas between Chennai and Bengaluru, where an increasing number of Japanese companies including SMEs have made direct investments to establish their manufacturing base or other forms of business presence. Against this background, they decided to strengthen efforts to improve infrastructure such as ports, industrial parks and their surrounding facilities in Ennore, Chennai and the adjoining areas. Prime Minister Noda conveyed Japans intention to extend financial and technical support to the preparation of Indias Comprehensive Integrated Master Plan of this region based on which planned development and work on related facilities could be taken up expeditiously. The two Prime Ministers directed their officials concerned to speedily operationalise the modalities for preparation of the Comprehensive Integrated Master Plan and get it completed at the earliest.
Prime Minister Noda expressed his desire that Japans technologies and expertise be utilised in the development of Indias high-speed railway system. Recognising the importance of upgradation of speed of passenger trains to 160-200 km per hour on existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor for Indias economic development, the two Prime Ministers looked forward to continued cooperation. They welcomed the progress of pre-feasibility study with Japans financial and technical assistance, and expressed hope that the final report will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
Both leaders recognised the importance of cooperation in the development of expressways in India including through capacity building.
Apart from the celebration of the 60th Anniversary of establishing diplomatic relations, the two countries have chalked out programmes for the coming year 2012. Japan will be hosting an international conference for cooperation in disaster risk management in Tohoku region in 2012. About 600 Indian youth will be invited under the new Kizuna (bond) Project aimed at promoting understanding of Japans revival from the Great East Japan Earthquake.
The Joint Ministerial Level Economic Dialogue and India-Japan Business-Government Policy Dialogue will he held in 2012. The Visionary Leaders for Manufacturing (VLFM) Programme has been extended till March 2013. India-Japan Comprehensive Economic Partnership Agreement has come into force since August 2011. After a dip in the previous year, trade turnover reached almost $15 billion in 2010 and the trend in 2011 is equally encouraging. A target of $ 25 billion in bilateral trade has been set for the year 2014.
There are about 825 Japanese companies operating in India as compared to 8400 Japanese companies in China. Out of which 8000 are in Shanghai alone. Japanese FDI inflows to India account for just over one per cent of Japans total outward foreign direct investment (FDI) flows. Hence there is a scope for increasing Japanese FDI flows into India.
Bilateral exercise between Indian Navy and Japan Maritime Self-Defence Force will be held in 2012. Joint exercise between the Indian Coast Guard and the Japan Coast Guard is slated in January 2012.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
The 5th meeting of the India-Japan Energy Dialogue will be held in 2012. India and Japan reaffirmed working together towards success of the Seoul Nuclear Security Summit in March 2012.
Japan will host a ministerial conference on Afghanistan in Tokyo in July 2012. The two Prime Ministers expressed their hope for the success of the 11th Conference of the Parties to the Convention on Biological Diversity (CBD-COP11) to be held in Hyderabad, India in 2012. Japanese Prime Minister Noda extended an invitation to the Indian Prime Minister Singh for the next Annual Bilateral Summit in Japan in 2012 at a mutually convenient date to be decided through diplomatic channels which the latter accepted.
Earlier in the day Japanese Prime Minister Noda delivered a talk on Strategic and Global Partnership Built on People-to-People `Kizuna (Bonds of Friendship). He suggested youth exchange programme, expansion in bilateral trade and investment, showed keenness in investing in infrastructure projects in India and working for peace and stability in the region. He stressed the need India-Japan cooperation for development of Africa. He also welcomed trilateral dialogue among India, Japan and US. He invited Indian investment in disaster management and rehabilitation programme in Japan.
The Indian External Affairs Minister SM Krishna said : Although India-Japan relations have roots in history, the contemporary and dynamic nature of our engagement makes it one of the important pillars of strength for the global order.
In a business meeting organised jointly by three apex Indian industry bodies, the Japanese Prime Minister suggested sustainable economic relations between India and Japan. He said that 421 Japanese companies have created 150,000 jobs in India. He suggested Indias manufacturing sector should grow to ensure overall economic growth.
The Indian Commerce and Industry Minister, Anand Sharma said that DMIC envisages an investment of $ 100 billion, out of which Japan has committed $ 4.5 billion so far. He invited Japanese investment in agro processing, food parks. Indian pharmaceutical sector can provide affordable health care in Japan.
New Delhi, Dec 31 : The year 2011 comes to an end. But for the coming year 2012 India has chalked out its programme with Japan, the most valuable ally in East Asia as a part of its Look East Policy.
The celebration of the 60th Anniversary of establishing diplomatic relations between the two countries is top on the agenda for the year 2012. This will include a series of cultural and people-to-people exchange programmes.
Bilateral exercise between Indian Navy and Japan Maritime Self-Defence Force will be held in 2012. Joint exercise between the Indian Coast Guard and the Japan Coast Guard is slated in January 2012.
Negotiations have begun on a Social Security Agreement.
Amid global economic uncertainties, ensuring the stability of the financial markets is all the more important for the stable economic development of the two countries. To this end, the two Prime Ministers decided to enhance the earlier bilateral currency swap arrangement from $ 3 to $ 15 billion.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
The 5th meeting of the India-Japan Energy Dialogue will be held in 2012. India and Japan have reaffirmed working together towards success of the Seoul Nuclear Security Summit in March 2012.
Japan will be hosting an international conference for cooperation in disaster risk management in Tohoku region in 2012. About 600 Indian youth will be invited under the new Kizuna (bond) Project aimed at promoting understanding of Japans revival from the Great East Japan Earthquake. Indian and Japanese experts would study the ground level situation and formulate ways for ensuring safety of nuclear projects.
The Joint Ministerial Level Economic Dialogue and India-Japan Business-Government Policy Dialogue will he held in 2012. The Visionary Leaders for Manufacturing (VLFM) Programme has been extended till March 2013. India-Japan Comprehensive Economic Partnership Agreement has come into force since August 2011. After a dip in the previous year, trade turnover reached almost $15 billion in 2010 and the trend in 2011 is equally encouraging. A target of $ 25 billion in bilateral trade has been set for the year 2014.
There are about 825 Japanese companies operating in India as compared to 8400 Japanese companies in China. Out of which 8000 are in Shanghai alone. Japanese FDI inflows to India account for just over one per cent of Japans total outward foreign direct investment (FDI) flows. Hence there is a scope for increasing Japanese FDI flows into India.
Japan will host a ministerial conference on Afghanistan in Tokyo in July 2012. India and Japan have expressed their hope for the success of the 11th Conference of the Parties to the Convention on Biological Diversity (CBD-COP11) to be held in Hyderabad in India in 2012. Japanese Prime Minister Yoshihiko Noda extended an invitation to the Indian Prime Minister Dr Manmohan Singh for the next Annual Bilateral Summit in Japan in 2012 at a mutually convenient date to be decided through diplomatic channels which the latter accepted.
The Japanese Prime Minister, Yoshihiko Noda was on a two-day visit to India from December 27, 2011 to co-chair the sixth India-Japan Annual Summit Meeting alongwith his counterpart Dr Singh.
On December 27, Prime Minister Noda launched the India-Japan Global Partnership Summit-2013. The event of the launch was organized by the India Center Foundation in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI).
The idea of the Global Partnership emerged in late nineties as part of India Centers vision. It was formally announced when the then Japanese Prime Minister, Yoshiro Mori met his Indian counterpart, Atal Bihari Vajpayee in 2000.
The India-Japan Global Partnership Summit-2011 was held from September 5 to 7 in Tokyo which provided a platform for the macro vision to formulate a new socio-economic framework.
On India-Japan Global Partnership Summit, Prime Minister Noda said :one of my favourite phrase goes like this anything that last for 10 years is great, anything that last for 20 years is tremendous and anything that lasts for 30 years becomes history India-Japan Global Partnership has entered into the forum of greatness.
According to the Chairman, India Center Foundation, Vibhav Kant Upadhay in the last India-Japan Global Partnership Summit-2011 in Tokyo friends from Nepal, Singapore, Vietnam, United States and Europe had joined the Summit to see how the wisdom from around the world can put together this effort and work for the betterment of humanity.
On December 28, 2011 at the sixth India-Japan Annual Summit talks in Delhi both the Prime Ministers agreed to expand their Strategic and Global Partnership to include more areas in political, security and economic sectors. They agreed to carry out joint military exercises, particularly naval exercises. The bilateral exercise between the Indian Navy and the Japanese Self Defence Forces to be held in 2012.
They agreed to continue negotiations on civil nuclear cooperation. Japan has removed seven Indian entities from its end user list and has offered to transfer Bullet Train technology to India. They decided to work for finalising currency swap.
Both the Prime Ministers discussed the possibility of a new Chennai Bengaluru Industrial Corridor project in South India, where many Japanese firms have invested. We have instructed our officials to look into the modalities of cooperation apart from the Western Dedicated Corridor, Delhi-Mumbai Industrial Corridor (DMIC), Delhi and Bengaluru Metro projects and expansion of Kolkata Metro.
They agreed to encourage Indian and Japanese firms to cooperate in the area of rare earths and rare metals.
Both the leaders reviewed important regional and global issues, including the situation in Afghanistan. Japan wanted to share its concern over the emerging situation in North Korea with India. They reviewed the challenges posed by the slowdown of the international economy and proposed that if India and Japan can build virtuous cycles of growth, this will contribute immensely to the early revival of the global economy. They agreed to strengthen coordination and cooperation within the East Asia Summit process and in creating conditions for a prosperous, open and inclusive architecture for regional cooperation. They renewed their intention to work both bilaterally and within the G-4 for the reform of the United Nations Security Council.
Prime Minister Noda pledged that Japan would extend loans totaling 134.288 billion yen to two new projects, namely, Delhi Mass Rapid Transport System Project Phase III and West Bengal Forest and Biodiversity Conservation Project as the projects of first batch in the fiscal year 2011.
The two Prime Ministers emphasised the importance of an early realisation of the Western Dedicated Freight Corridor (DFC) which runs through the Delhi-Mumbai Industrial Corridor (DMIC) with Japans support. In this context, both sides will expedite work on Phase II of the DFC with a view to starting implementation of the project as early as possible.
The two Prime Ministers welcomed the launch of a 9 billion dollar India-Japan DMIC facility. Noting the significant progress made by Indias contribution of a 175 billion rupee fund for development of trunk infrastructure, Prime Minister Noda announced the intention of Japan to make available for DMIC projects Japans public and private finance totaling 4.5 billion dollars in the next five years, which includes appropriate financing from the Japan Bank for International Cooperation (JBIC) as well as ODA loan. The two Prime Ministers felt that the DMIC Project would redefine the character of infrastructure growth in India through advanced technology and green growth.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
Towards this end, in order to effectively utilise the facility and to facilitate investments by Japanese companies, India has proposed to endeavour to resolve issues within the existing regulatory framework and guidelines of capital regulations, and an inter-departmental consultation mechanism will also be established by India to provide expeditious solutions to issues raised by Japan during the course of implementation of the DMIC Project.
To meet the energy requirements in the DMIC region, adequate gas for power projects of DMIC would be made available at reasonable rates and in a timely manner. The two leaders expressed satisfaction at the steady progress of the individual Early Bird Projects and Smart Community Projects in the DMIC. In particular, the two Prime Ministers decided to accelerate the efforts by the relevant authorities for an early realisation of seawater desalination at Dahej, Gujarat; a microgrid system using large-scale photo-voltaic (PV) power generation at Neemrana Industrial Area in Rajasthan and gas-fired independent power producer (IPP) in Maharashtra, recognising their potential to serve as a successful model of India-Japan cooperation on the DMIC.
The two Prime Ministers stressed the importance of infrastructure development in the areas between Chennai and Bengaluru, where an increasing number of Japanese companies including SMEs have made direct investments to establish their manufacturing base or other forms of business presence. Against this background, they decided to strengthen efforts to improve infrastructure such as ports, industrial parks and their surrounding facilities in Ennore, Chennai and the adjoining areas. Prime Minister Noda conveyed Japans intention to extend financial and technical support to the preparation of Indias Comprehensive Integrated Master Plan of this region based on which planned development and work on related facilities could be taken up expeditiously. The two Prime Ministers directed their officials concerned to speedily operationalise the modalities for preparation of the Comprehensive Integrated Master Plan and get it completed at the earliest.
Prime Minister Noda expressed his desire that Japans technologies and expertise be utilised in the development of Indias high-speed railway system. Recognising the importance of upgradation of speed of passenger trains to 160-200 km per hour on existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor for Indias economic development, the two Prime Ministers looked forward to continued cooperation. They welcomed the progress of pre-feasibility study with Japans financial and technical assistance, and expressed hope that the final report will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
Both leaders recognised the importance of cooperation in the development of expressways in India including through capacity building.
Apart from the celebration of the 60th Anniversary of establishing diplomatic relations, the two countries have chalked out programmes for the coming year 2012. Japan will be hosting an international conference for cooperation in disaster risk management in Tohoku region in 2012. About 600 Indian youth will be invited under the new Kizuna (bond) Project aimed at promoting understanding of Japans revival from the Great East Japan Earthquake.
The Joint Ministerial Level Economic Dialogue and India-Japan Business-Government Policy Dialogue will he held in 2012. The Visionary Leaders for Manufacturing (VLFM) Programme has been extended till March 2013. India-Japan Comprehensive Economic Partnership Agreement has come into force since August 2011. After a dip in the previous year, trade turnover reached almost $15 billion in 2010 and the trend in 2011 is equally encouraging. A target of $ 25 billion in bilateral trade has been set for the year 2014.
There are about 825 Japanese companies operating in India as compared to 8400 Japanese companies in China. Out of which 8000 are in Shanghai alone. Japanese FDI inflows to India account for just over one per cent of Japans total outward foreign direct investment (FDI) flows. Hence there is a scope for increasing Japanese FDI flows into India.
Bilateral exercise between Indian Navy and Japan Maritime Self-Defence Force will be held in 2012. Joint exercise between the Indian Coast Guard and the Japan Coast Guard is slated in January 2012.
The pre-feasibility study of upgradation of speed of passenger trains to 160-200 km per hour on the existing Delhi-Mumbai route of the western leg of the Golden Rail Corridor will be ready by February 2012 and feasibility study of the project will be undertaken with Japans cooperation in 2012.
The 5th meeting of the India-Japan Energy Dialogue will be held in 2012. India and Japan reaffirmed working together towards success of the Seoul Nuclear Security Summit in March 2012.
Japan will host a ministerial conference on Afghanistan in Tokyo in July 2012. The two Prime Ministers expressed their hope for the success of the 11th Conference of the Parties to the Convention on Biological Diversity (CBD-COP11) to be held in Hyderabad, India in 2012. Japanese Prime Minister Noda extended an invitation to the Indian Prime Minister Singh for the next Annual Bilateral Summit in Japan in 2012 at a mutually convenient date to be decided through diplomatic channels which the latter accepted.
Earlier in the day Japanese Prime Minister Noda delivered a talk on Strategic and Global Partnership Built on People-to-People `Kizuna (Bonds of Friendship). He suggested youth exchange programme, expansion in bilateral trade and investment, showed keenness in investing in infrastructure projects in India and working for peace and stability in the region. He stressed the need India-Japan cooperation for development of Africa. He also welcomed trilateral dialogue among India, Japan and US. He invited Indian investment in disaster management and rehabilitation programme in Japan.
The Indian External Affairs Minister SM Krishna said : Although India-Japan relations have roots in history, the contemporary and dynamic nature of our engagement makes it one of the important pillars of strength for the global order.
In a business meeting organised jointly by three apex Indian industry bodies, the Japanese Prime Minister suggested sustainable economic relations between India and Japan. He said that 421 Japanese companies have created 150,000 jobs in India. He suggested Indias manufacturing sector should grow to ensure overall economic growth.
The Indian Commerce and Industry Minister, Anand Sharma said that DMIC envisages an investment of $ 100 billion, out of which Japan has committed $ 4.5 billion so far. He invited Japanese investment in agro processing, food parks. Indian pharmaceutical sector can provide affordable health care in Japan.
