Piyush Goyal heads for Japan with business delegation to boost trade, investments
Commerce Minister Piyush Goyal is leading a 200-member business delegation to Japan to strengthen trade and investment ties. The visit focuses on key sectors like semiconductors, AI, and manufacturing to meet Japan's 10 trillion yen investment target for India.
Why it matters
This visit is a strategic move to deepen economic integration between India and Japan, particularly in high-tech and industrial manufacturing sectors.
Commerce and Industry Minister Piyush Goyal is leading a 200-member business delegation to Japan on a four-day visit starting August 24 to boost trade and investment ties between the two countries.
The visit assumes significance since Japan set an investment target last year of 10 trillion yen in (about ₹60,000 crore) India over a decade.
The Minister will travel to Tokyo, Nagoya, and Osaka.
The business delegation has representatives from various sectors, ranging from manufacturing, semiconductors, clean energy, steel, automotive, financial services, healthcare to start-ups, industry chamber Ficci Director General Jyoti Vij told reporters in Tokyo.
In Tokyo, Mr. Goyal will hold a series of meetings with the top leadership of major Japanese conglomerates and industrial houses that have long been partners in India's growth, alongside a round-table with the Keidanren (Japan Business Federation), representing over 1,500 leading Japanese companies.
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