Japan has identified 11 sites to set up industrial townships in India, which would serve as hubs for investments into the country. These include Tumkur in Karnataka, Ghilot in Rajasthan, Mandal in Gujarat and Supa in Maharashtra. Japan will also provide soft-skills training to Indian workers in the manufacturing sector to help bridge the demand-supply gap.
"Japan aims to double its investment in India to about $35 billion in the next five years. The move would help strengthen bilateral economic ties. They are already the primary investors in our economic corridors," said a government official, adding that the details are being firmed up. The move will strengthen domestic manufacturing, support the 'Make in India' campaign and ensure transfer of technology.
"Japan aims to double its investment in India to about $35 billion in the next five years. The move would help strengthen bilateral economic ties. They are already the primary investors in our economic corridors," said a government official, adding that the details are being firmed up. The move will strengthen domestic manufacturing, support the 'Make in India' campaign and ensure transfer of technology.
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