State persuades Japanese Manufacturing companies
The Karnataka delegation led by Minister for Large & Medium Industries Minister Dr. Murugesh R. Nirani concluded its three-day visit to the Japan. As a part of the international roadshow for the Global Investors Meet (GIM) scheduled on November 2,3 & 4, the delegation was here to seek investments and to extend a formal invitation to the Japanese companies.
The delegation comprising Minister Nirani and Commissioner for Industrial Development, Gunjan Krishna met the representatives of Toyota, Suzuki Motor Corporation, Mitsui, Mercury, JETRO, Hitachi, Fujitsu Limited, and NEC Corporation at the Indian Embassy in Tokyo on Monday and Tuesday.
The Minister presented the industry-friendly policies of the state and showcased Karnataka as an ideal destination for Japanese manufacturing companies. He said the industries department has proposed a separate “Japanese township” on nearly 600-acre plot in Tumakuru. Besides the township, a land bank of 50,000 acres have been earmarked for Industrial development.
Impressing upon the companies, Minister Nirani said Karnataka had attracted maximum number of FDI among all the states and the environment was conducive for the big Japanese investments. The Minister also maintained that state was in the top achiever category in the “Ease of Doing Business” (EoDB) released by the Centre recently.
Representing the Embassy of India, Mr. Mayank Joshi, Deputy Chief of Mission, and Mr. Manoj Singh Negi, First Secretary (Commerce) also participated in the meetings.
DETAILS FOR THE DELEGATION’s MEETING WITH THE COMPANIES
Toyota Motor Corporation: Toyota Motor Corporation is a Japanese multinational automotive manufacturer which produces about 10 million vehicles per year. The Toyota Group has 17 major companies including – Toyota Industries, Toyota Motor, and Aichi Steel. Toyota Auto Body, Toyota Boshoku, Toyota Central R&D, and Toyota Housing Corporation. The company was represented by Ms. Saori Tsuchiya, General Manager, Global External Affairs Dept, and Ms. Takaka Kubo Group Manager of Toyota Motor Corporation, met with the state delegation to discuss various opportunities to make additional investments in the state.
Suzuki Motor Corporation: Suzuki Motor Corporation was represented by Mr. Hidaki Taguchi, General Manager India Automobile Dept; Kenji Saito, Director & Senior Managing Officer, and Kazuhiro Hattori Assistant Manager Public Affairs Group. Suzuki Motor Corporation is a leading Japanese automotive company, manufacturing products primarily in the land mobility and marine segments
Mitsui Company: Mitsui & Co, one of the largest general trading companies in Japan, has 16 business units including – Mineral & Metal Resources, Energy, Materials, Iron & Steel products, Food & Agriculture, Retail, and IT & Communication. Mitsui has 129 offices across 63 countries and regions. Mr. Syed Faisal Ashraf, Managing Director, and Mr. Yu Deputy Managing Director of Mitsui were present at the meeting.
Mercari: Mercari is a Japanese e-commerce company and its main product is the Mercari marketplace app, which allows users to buy and sell items quickly from their smartphones. In addition to its core businesses, Mercari has launched new businesses namely, Mercoin Inc, its crypto-asset and blockchain business, and its logistics service Merlogi, Inc. Mr. Ken Wakasa, CTO of Mercari Inc, and Mr. Junichi Wozaki, Board Director, Mercari were present.
JETRO (Japan External Trade Organisation): JETRO works to promote mutual trade and investment between Japan and the rest of the world. JETRO was represented by Mr. Kazuhiko Obama, Senior Director for Global Strategy, Southwest Asia, and Mr. Kazuya Nakajo, Executive Vice President.
The Fujitsu Limited: Fujitsu Limited is a Japanese multinational information and communications technology services provider with around 130,000 employees supporting customers across 180 countries. The Fujitsu Limited was represented by Vivek Mahajan, Corporate Executive Officer; Ken Toyoda, Corporate Executive Officer (Research Management Centre) and Jungo Okai, chief of staff were present.
Hitachi: Hitachi is a Japanese multinational conglomerate corporation and is the parent company of Hitachi Group. With a diverse group of subsidiaries including Hitachi Vantara, Hitachi Metals, Hitachi Rail, and Hitachi Astemo, Hitachi offers products and services in automotive systems, construction machinery, electronics systems and equipment, and advanced materials and IT systems. The Hitachi was represented by Kojin Nakakita, Vice President & Executive Officer Regional Strategies (APAC), Norihiro Suzuki, Vice President & Executive Officer and General Manager of Research & Development Group; Ayumu Morita, Corporate Officer & General Manager
NEC Corporation: NEC Corporation is a Japanese multinational information technology and electronics corporation headquartered in Minato, Tokyo. The company provides IT and network solutions including, cloud computing, AI, IoT, and telecommunications equipment and software. NEC Corporation has 301 group companies with 110,000 employees across the world in more than 50 countries. The NEC Corp was represented by Mr. Toshiya Matsuki, Senior Vice President & Chief Commercial Officer, Dr. Akihiko Iketani, General manager, Digital Technology development laboratories, and Mr. Kiichi Tamida, Global Public Policy Officer.