JBIC Survey Ranks India as No. 1 Destination for Future Investments |
In July 2014, Japan Bank for International Cooperation (JBIC) conducted a survey of 1000 companies for Japanese manufacturing sector. Based on this research, India has been ranked as the No.1 destination for future investments followed by Indonesia (ranked No.2) and China (ranked No.3). In October 2014, the number of Japanese companies in India had reached 1209, which is 13% higher over the same period last year with a CAGR of 13.67% (for the last five years (2010 to 2014)). Some Japanese companies are seriously contemplating their future investment plans in India amounting to about Rs 75,000 crores (approx. US$12 billion) in next 2-3 years. During the period June 2014 to September 2014, FDI inflow from Japan amounted to US$ 618 million against US$ 273 million for the corresponding period in 2013. FDI inflow of US$103.14 million took place in October 2014. The Government has set up Japan Plus, a special management team, to facilitate Japanese investors. The team is actively interacting with Japanese companies and handholding them through various approval processes, as and when required. Also, the issues related to the State Government of Rajasthan concerning Sojitz, working for Dedicated Freight Corridor (DFC), has been resolved. One of the mandates of Japan Plus is to help develop Japanese Integrated Industrial Parks. For this, discussions are going on with Japanese companies and the State Governments concerned. |
Read,Write & Revise.Minimum reading & maximum learning
17 January 2015
JBIC Survey Ranks India as No. 1 Destination for Future Investments
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
When Rajaji defied the salt law On Rajaji's death anniversary we recollect the the salt march by Gandhi's deputy from Tiruchi ...
-
How the world’s largest solar park is shaping up in Karnataka Karnataka govt aims to generate by 2018-end around 2700 MW from the Pavag...
-
While the government’s demonetisation drive will likely negatively impact the economy in the short term, it could help over the longer ter...
-
Chief Minister of Gujarat inaugurates 18th National Conference on e-Governance The 18th National Conference on e-Governance was inaugurat...
-
India was ranked 131 in the 2016 Human Development Index (HDI) among the 188 countries. India scored 0.624 and was placed in medium human ...
-
top 10 written marks wise candidates. IRA SINGHAL 4 920 RENU RAJ 4 858 NISHANT JAIN 4 851 NIDHI GUPTA 4 846 VANDANA RAO 3 832 NEELABH SAX...
-
Prime Minister told scientists to- “Link Technology with Common Man’s Life”- while inaugurating the CSIR Platinum Jubilee Celebrations “...
-
Does good economics make for good politics in India? A Mint analysis of 18 major Indian states shows that governments which deliver bett...
-
We are expecting UTTARAKHAND PCS NOTIFICATION by JULY 2014.You can register yourself for pre& mains-cum -pre classes at samveg ias. Qua...
-
Twin Balancesheet Problem (TBS)- Three Stages economic survey perspective As of 31 December 2015, the total non-performing asset of s...
No comments:
Post a Comment