Nirani claims Japan visit fruitful

From Our Special Correspondent

Daijiworld Media Network

Bengaluru, Aug 10: The Karnataka delegation led by Minister for Large and Medium Industries Minister Murugesh R Nirani concluded its three-day visit to Japan and the minister described hisvisit as very fruitful.

As a part of the international roadshow for the Global Investors Meet (GIM) scheduled on November 2, 3 and 4 the delegation met captains of leading Japanese companies and invited them to make investments in industrial projects in the State. The delegation also extended a formal invitation to the Japanese companies to participate in the GIM being held in November.

The delegation comprising Nirani and Commissioner for Industrial Development, Gunjan Krishna met the 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 presented an overview of the industry-friendly policies of the State and showcased Karnataka as an ideal destination for Japanese manufacturing companies. Nirani said the industries department has proposed a separate "Japanese township on nearly 600-acre plot in Tumakuru. Besides the township, a land bank of 50,000 acres have been earmarked for Industrial development, he said.

Impressing upon the companies, Minister Nirani said Karnataka had attracted maximum number of FDI among all the states and the environment was conducive for the big Japanese investments.

The Minister also maintained that state was in the top achiever category in the “Ease of Doing Business” (EoDB) released by the Centre 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 automotive manufacturer which produces about 10 million vehicles per year. The Toyota Group has 17 major companies 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, Global External Affairs Department and Ms Takaka Kubo Group Manager of Toyota Motor Corporation, met with the State delegation to discuss various opportunities to make additional investments in the State.

Suzuki Motor Corporation: Suzuki Motor Corporation was represented by Hidaki Taguchi, General Manager India Automobile Department, Kenji Saito, Director and Senior Managing Officer, and Kazuhiro Hattori Assistant Manager Public Affairs Group. Suzuki Motor Corporation is a leading Japanese automotive company, manufacturing products primarily in the land mobility and marine segments Mitsui Company: Mitsui is one of the largest general trading companies in Japan, has 16 business units including – Mineral and Metal Resources, Energy, Materials, Iron and Steel products, Food and Agriculture, Retail, and IT and Communication. Mitsui has 129 offices across 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 buy and sell items quickly from their smartphones. In addition to its core businesses, Mercari has launched new businesses namely Mercoin Inc., its crypto-asset and blockchain business, and its logistics service Merlogi, Inc.

Ken Wakasa, CTO of Mercari Inc, and Junichi Wozaki, Board Director, Mercari were present.

JETRO (Japan External Trade Organisation): JETRO works to promote mutual trade and investment between Japan and the rest of the world. JETRO was represented by Kazuhiko Obama, Senior Director for Global Strategy, Southwest Asia, and Kazuya Nakajo, Executive Vice President.

Fujitsu Limited: Fujitsu Limited is a Japanese multinational information and communications technology services provider with around 130,000 employees supporting customers across 180 countries.

The Fujitsu Limited was represented by Vivek Mahajan, Corporate Executive Officer; Ken Toyoda, Corporate Executive Officer (Research Management Centre) and Jungo Okai, chief of staff were present.

Hitachi: Hitachi is a Japanese multinational conglomerate corporation and is the parent company of 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, electronics systems and equipment, and advanced materials and IT systems.

The Hitachi was represented by Kojin Nakakita, Vice President and Executive Officer Regional Strategies (APAC), Norihiro Suzuki, Vice President and Executive Officer and General Manager of Research and Development Group; Ayumu Morita, Corporate Officer and General Manager.

NEC Corporation: NEC Corporation is a Japanese multinational information technology and electronics corporation 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 across the world in more than 50 countries.

The 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, Global Public Policy Officer.


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