JAPAN - INDIA RELATIONS
The friendship between India and Japan has a long history entrenched with strong cultural ties. Over the years, the two countries have created a partnership based on both principle and pragmatism, and common strategic and economic interests of the two countries. Japan is the 5th largest source of foreign direct investment in India. During FY 2018- 2019, the trade totaled to US$ 17.63 billion (¥1937.54 billion).
WELCOME TO PUNJAB, A LAND OF OPPORTUNITIES
Punjab is a premier investment destination where companies from across the world are housed and continue to grow their operations every day. Punjab has a lot of unparalleled advantages to offer to new and existing investors in the States. These advantages range from the competitive labour and good labour relations, robust infrastructure and connectivity, excellent logistics infrastructure, uninterrupted power, land availability, political stability, to name a few.
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JAPAN - PUNJAB RELATIONS
Punjab is home to more than 100 Japanese business establishments. During FY 2018-19, exports from Punjab to Japan have been about US$ 30.1 million (¥3.31 billion) with major export commodities being organic chemicals, cotton, road vehicles, apparel, clothing accessories and made-ups, edible vegetables etc.
- India to Japan Exports: US$ 4,861.73 million (¥534.11 billion)
- Punjab's Total Exports: US$ 6,038.07 million (¥663.80 billion)
- Punjab to Japan Exports: US$ 30.1 million (¥3.31 billion)
|Top 20 Exported
|India to Japan Exports (US$mm)||Punjab's Total Exports (US$mm)||Punjab to Japan Exports (US$mm)|
|HSCode||Commodity||FY18-19 (US $mm)||% share in India's Total exports to Japan||FY18-19 (US $mm)||% share in Punjab's Total Exports of US$6.03bn||FY18-19 (US $mm)||% share in Punjab's Total exports to Japan of US$30mn||Punjab vis-à-vis India|
|55||Man-Made Staple Fibres||12.1||0.2%||203.0||3.4%||2.1||6.9%||17.0%|
|Other Made Up Textile Articles; Sets; Worn Textile Articles||51.3||1.1%||231.5||3.8%||1.4||4.6%||2.7%|
|7||Edible Vegetables and Certain Roots and Tubers||3.8||0.1%||6.8||0.1%||1.2||3.9%||31.0%|
|82||Tools and their Parts of Base Metal||5.7||0.1%||229.0||3.8%||0.9||3.0%||15.8%|
|95||Toys, Games & Sports Requisites; Parts and Accessories There||1.8||0.0%||73.7||1.2%||0.9||2.8%||47.8%|
JAPANESE INVESTMENTS IN PUNJAB
JAPAN AT PPIS 2019
The Progressive Punjab Investors Summit 2019 (PPIS 2019) was organized at the Indian School of Business, Mohali on December 5th and 6th by the Government of Punjab. The theme of the Summit was “Building Partnerships for Inclusive Growth: MSMEs in the Global Value Chain”. Japan was a partner country for the Summit.
His Excellency Mr. Satoshi Suzuki, the Ambassador of Japan to India gave the keynote address in the Keynote Session at the Summit. Moreover, a delegation from Japan visited Rajpura to get investors interested in setting up of a dedicated Japan Industrial Park.
A Japan Partner Country Session was also held on the second day of the Summit. The theme of the session was “Invest in the Best – Punjab an Opportunity for Japan”. The broad contours of discussion included the investor friendly climate in Punjab which includes beneficial government policies, excellent connectivity and logistics infrastructure and exceptional facilitation by the Punjab Bureau of Investment Promotion.
THE SONALIKA STORY: JOURNEY OF SONALIKA's JAPANESE COLLABORATIONS IN PUNJAB
Mr. Gaurav Khanna
DGM (Investment Facilitation & Japan Desk)
Sector Officer (Automobile, EV, Industry 4.0)
Punjab Bureau of Investment Promotion
Mr. Vishnu Prasad Pandey
Senior Consultant (Japan)
Sector Officer (EV, Bicycle, IT/ITeS, Electronics & NRSE)
Punjab Bureau of Investment Promotion
Last Updated Date: 06-Mar-2020