Japanese investments in India jumps 10-fold to $4,709 in 2018, says Ficci report

New Delhi: Japanese investments into India have risen manifold in the last ten years to reach $4,709 million in FY2017, says a Ficci report.

The FDI inflow from the island nation was at $84.74 million in the fiscal 2006-07, the report titled 'India Japan Roadmap Towards Realising Vision 2025' said.

The report was released on in the presence of Japanese ambassador to India Kenji Hiramatsu, India-Japan Business Cooperation Committee (IJBCC) Chairman Onkar S Kanwar, Ficci Secretary General Sanjaya Baru and other delegates from both the sides.

Representational image. Reuters.

Representational image. Reuters.

Hiramatsu said the growth potential lies with the sectors like textile, infrastructure and medical in India. "There are about 1,309 Japanese companies in India and number is growing steadily. It will grow in the years to come," the ambassador told PTI on the sidelines of the event.

He further said that he would like to congratulate the Indian government for "reforming the Indian economy (with legislations) like GST but we need to have more improvement of infrastructure".

However, situations are improving and more and more companies are interested in doing business in this country because of the improvements and there is a lot more to come in the future, he added.

Talking about the Japanese investment in the future, Kanwar said the amount is expected to double by the year 2025.


Updated Date: Jan 24, 2018 09:05 AM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See