The visit of Prime Minister Narendra Modi to Japan is expected to bring in investments worth $35.5 billion to India, and Kerala has more reasons to have higher hopes than any other state in the country, thanks to more than 40 years of bilateral relations with the ‘land of the rising sun.’
At the moment, there are about 260 Japanese companies and associates operating from the states in areas ranging from automobile manufacturing to gelatin production.
To further the hopes is the fact that five Japanese city mayors, along with 20 businessmen, will visit Kerala in November.
The Indo-Japan Chamber of Commerce – Kerala (Injack), which acts as a bridge to facilitate trade and business between Japan and Kerala, has already identified 50 small and medium enterprises (SMEs) in and around Yokohama, Japan, for business matching with SMEs in Kerala.
The sectors in which Japanese companies are interested to invest in are IT, tourism, food processing, and healthcare including Ayurveda and care of the elderly.
Source: The New Indian Express