According to sources ahead of his visit to Japan tomorrow for the annual bilateral summit with his counterpart Shinzo Abe, Prime Minister Narendra Modi said today that his visit is aimed at boosting trade and investment ties and bilateral cooperation in new areas. PM Modi said in a pre-departure statement in New Delhi, adding that he will also interact with members of the Indian community there "He will have wide-ranging talks with Mr. Abe and interact with business leaders and captains of industry from both countries".
Accordingly "These interactions will help to further strengthen our trade and investment ties, and cooperation in new areas such as healthcare, digital technologies, agriculture and food processing, disaster risk reduction and disaster resilient infrastructure." Furthermore stating that Japan was one of the "most trusted partners" in India's economic and technological modernization and one of the top investors in India, PM Modi said "Projects like Mumbai-Ahmedabad High Speed Rail and Dedicated Freight Corridors reflect the high level and strength of our economic engagement.
Modi said "Japan is also at the forefront of engaging in our national initiatives, such as 'Make in India', Skill India', 'Digital India', 'Start Up India'." Further he also said that Japanese investors had faith in India's economic future, "which is marked with myriad opportunities".
Jagan's New Rule Detrimental to Investments in Andhra Pradesh? The Ruling Party in Andhra Pradesh has introduced a bill on the employment of local candidates in industries and factories mandate the state government to ensure 75 percent of employment opportunities to locals. It also puts the government under obligation to provide training to eligible local candidates.
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