Japan PM Shinzo Abe assures more Investment in Rajasthan

Investment in Rajasthan

Rajasthan has been from quite a few months waiting for Japan’s response to their increase investment in Rajasthan and on Monday, Japan assured State Government to have higher investments in Rajasthan as various countries of the country have already set up units in the country specific zones dedicated to them.

A ‘Policy Dialogue’ meeting held at the Udyog Bhawan in Jaipur between the state government officials and various representatives of Japan’s ministry of economy trade and industry (METI), Ajitabh Sharma, commissioner Industries, shared his views on how the economic relations between Japan and Rajasthan could be lead to next level with the mutual cooperation of both states.

Ajitabh Sharma specified to the delegation from Japan that state has improvised and improved the business environment for the investors from Japan and introduced various incentives and infrastructure for the development in the Japanese industrial zone at Neemrana near Jaipur.

The Japanese Delegation was a 6 member team who came to follow a memorandum of cooperation (MOC) signed between the government and METI during Chief Minister Vasundhara Raje’s visit to Japan last year. The focal points of the agreement were mutual cooperation, with special emphasis on the areas of investment.

Before her visit to Japan, Chief Minister Vasundhara Raje, she wanted to create country specific special economic zones for various technologically advanced countries so that numerous employment opportunities could be created along with learning new technologies. Her aim is to promote Rajasthan as a preferred hot investment destination and bring the light of knowledge and jobs for the people of the state. Japan is known to be one of the most technically advanced countries and it is believed that a Japan investment specific zone would prove to be of great significance in the development of Rajasthan.

Japanese PM Shinzo Abe also talked to CM Vasundhara Raje that, “India and Japan are friends. Japanese companies are being encouraged to invest overseas and it is likely that Rajasthan too shall see increased investment flow from Japan.”

Vaibhav Galriya, commissioner, investment & NRIs, and managing director, RIICO, have also favored Exploring Japanese expertise in the skilling sector and said, “if the Japanese companies are interested they can develop a curriculum for ITI Neemrana and utilize it to impart training under the guidance of Japanese experts.” He also mentioned that RIICO and Rajasthan Skill and Livelihood Development Corporation will assist HIDA and ensure them to use their expertise to develop ITI Neemrana and make it according to international stature.

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