FICCI connects 300 Indian and Japanese businessmen during 43rd Joint India-Japan Committee Meeting

• Emphasis on tie-ups in third countries, Digital & IT partnerships and people-to-people exchanges

New Delhi,  India, March 4, 2019 : FICCI jointly with Japan Chamber of Commerce and Industry (JCCI) organised the 43rd Joint Meeting of India-Japan Business Cooperation Committee (IJBCC) in Tokyo, Japan on 26th February 2019. The Joint Meeting has been a significant institutional platform that has complemented the efforts of the government of both countries and helped in highlighting new opportunities and resolving issues faced by industry. 

On the occasion, a FICCI Knowledge Report on ‘An Overview of India-Japan Bilateral Relations: Initiatives and Opportunities Ahead’ was also released. The report emphasizes joint collaboration in third countries, digital & information technology partnership and greater people to people exchanges.

Highlighting the relationship between India and Japan, Sanjay Kumar Verma, Ambassador of India to Japan talked about the long history of association between Indian and Japanese businesses more than 50 years through the IJBCC.  

Onkar S. Kanwar, Chairman, IJBCC, Past President, FICCI and Chairman, Apollo Tyres Limited congratulated JCCI for the first JBC meeting in their new facility in Tokyo.  He said that Japan has been a strong contributor towards India’s economic development across a wide spectrum of agenda including some of India’s flagship initiatives such as Make in India, Digital India, Smart cities and Skill India etc. Through IJBCC, FICCI has always put a lot of emphasis on this partnership and has been supplementing Government of India?s efforts through its holistic agenda with Japan. He further added that as we move forward, these new areas of cooperation will play a significant role in driving India-Japan Digital Partnership with the vision to develop IoT and AI solutions for societal benefits and explore joint collaboration in emerging technologies

Enumerating IJBCC’s activities, Mr Masami Iijima, Chairman, Japan- India Business Cooperation Committee (JIBCC) and Chief Executive Officer and Chairman of Mitsui & Co. Ltd., said that Japan and India shared good bilateral and action-oriented partnership.

Yasuhiko Yoshida, Director General for Southwest Asia, Trade Policy Bureau, Ministry of Economy Trade and Industry in his remarks highlighted the fact that India is the number one choice of Japanese companies having operations in Africa. Over 300 businessmen from India and Japan were part of the meeting, including 50 potential Japanese investors keen on investing in India.

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