From our special correspondent
Daijiworld Media Network
Bangalore, August 10: The Karnataka delegation led by Minister of Large and Medium Industries Murugesh R Nirani concluded their three-day visit to Japan and the Minister described their visit as very fruitful.
As part of the Global Investors Meet (GIM) international roadshow scheduled for November 2, 3 and 4, the delegation met captains of major Japanese companies and invited them to invest in industrial projects in the state. The delegation also formally invited Japanese companies to participate in the GIM to be held in November.
The delegation consisting of Nirani and Industrial Development Commissioner Gunjan Krishna met with 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 provided an overview of the state’s industry-friendly policies and touted Karnataka as an ideal destination for Japanese manufacturing companies. Nirani said the Department of Industries has proposed a “separate Japanese township on nearly 600 acres of land in Tumakuru. Besides the township, a land reserve of 50,000 acres has been set aside for industrial development,” he said.
Impressing the companies, Minister Nirani said that Karnataka has attracted maximum number of FDI among all states and the environment is conducive for large Japanese investments.
The minister also maintained that the state was in the top category in the “Ease of Doing Business” (EoDB) released by the Center recently. Representing the Embassy of India, Mayank Joshi, Deputy Chief of Mission, and Manoj Singh Negi, First Secretary (Commerce) also participated in the meetings.
Toyota Motor Corporation: Toyota Motor Corporation is a Japanese multinational automobile manufacturer that produces approximately 10 million vehicles per year. The Toyota Group has 17 major enterprises, 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 of Global External Affairs Department and Ms. Takaka Kubo, Group Director of Toyota Motor Corporation, met with the state delegation to discuss various opportunities for further investment in the state .
Suzuki Motor Corporation: Suzuki Motor Corporation was represented by Hidaki Taguchi, General Manager of Indian Automotive Department, Kenji Saito, Director and General Manager, and Kazuhiro Hattori Deputy Group Manager of Public Affairs. Suzuki Motor Corporation is a leading Japanese automotive company, manufacturing products primarily in the land and sea mobility segments. Steel products, food and agriculture, retail, IT and communication. Mitsui has 129 offices in 63 countries and regions. Syed Faisal Ashraf, Managing Director, and 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 quickly buy and sell items from their smartphones. In addition to its core businesses, Mercari launched new businesses, namely Mercoin Inc., its crypto-asset and blockchain business, and its logistics service Merlogi, Inc.
Mercari Inc. CTO Ken Wakasa and Mercari Board Director Junichi Wozaki were in attendance.
JETRO (Japan External Trade Organization): JETRO works to promote mutual trade and investment between Japan and the rest of the world. JETRO was represented by Kazuhiko Obama, Senior Director of Global Strategy, Southwest Asia, and Kazuya Nakajo, Executive Vice President.
Fujitsu Limited: Fujitsu Limited is a Japanese multinational information and communications technology services company with approximately 130,000 employees serving customers in 180 countries.
Fujitsu Limited was represented by Vivek Mahajan, general manager of the company; Ken Toyoda, Director General (Research Management Center) and Jungo Okai, Chief of Staff, were present.
Hitachi: Hitachi is a Japanese multinational conglomerate and is the parent company of the 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, electronic systems and equipment, as well as advanced materials and computer systems. .
Hitachi was represented by Kojin Nakakita, vice president and executive director of regional strategies (APAC), Norihiro Suzuki, vice president and general manager, and general manager of the research and development group; Ayumu Morita, Business Leader and Managing Director.
NEC Corporation: NEC Corporation is a Japanese multinational information technology and electronics company 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 worldwide in more than 50 countries.
NEC Corp was represented by Toshiya Matsuki, Senior Vice President and Chief Commercial Officer, Dr. Akihiko Iketani, General Manager, Digital Technology Development Laboratories, and Kiichi Tamida, Head of Global Public Policy.