Tue, Feb 21, 2017 | updated 03:50 AM IST

"Made in India, Made by Japan" has started to converge wonderfully: PM Modi

Updated: Nov 11, 2016 10:59 IST

Tokyo [Japan], Nov. 11 (ANI): Prime Minister Narendra Modi who is on a three day-visit to Japan, pitched his ' Make in India' initiative here saying that Tokyo plays an important role in the scheme, as India needs scale, speed and skill.

Speaking at the CII-KEIDANREN business luncheon in Tokyo, he said that his personal engagements with leadership, government, industry and people of Japan are now almost a decade old.

Stating that Prime the 21st Century belongs to Asia, the Prime Minister said that India and Japan will have to continue to play a major role in Asia's emergence.

"The growing convergence of views between Japan and India under our Special Strategic and Global Partnership has the capacity to drive the regional economy and development, and stimulate the global growth," he said.

"Strong India - Strong Japan will not only enrich our two nations. It will also be a stabilising factor in Asia and the world," he added.

Prime Minister Modi said that even against a weak international economic scenario, the news from India is of strong growth and abundant opportunities. It is of incredible opportunities, and about India's Credible Policies.

"In 2015, the Indian economy grew faster than other major economies. World Bank and IMF assess this trend to continue. Lower labour costs, large domestic market and macro-economic stability combine to make India a very attractive investment destination," he said.

The Prime Minister said that today every global company has an India strategy and Japanese companies are no exception. It is no surprise that today Japan is India's fourth largest source of FDI, he said.

He said, "On our part, we would, of course, want greater influx of Japanese investments. For this, we will be proactive in addressing your concerns."

"And, we will further strengthen the special mechanisms including Japanese Industrial Townships," he added.

Encouraging Japanese travellers to make use of the ten-year business visa, the e-Tourist Visa, and the Visa-On-Arrival facility, the Prime Minister said that the Social Security Agreement with Japan has also been implemented, which is good news for the growing number of professionals on both sides.

Prime Minister Modi said, "India's development needs are huge and substantial. We seek rapid achievement of our developmental priorities, but in a manner that is environment friendly."

Thanking and congratulating those Japanese people who are already in India, he said that cars being made in India by a Japanese car maker are already selling in Japan.

Promising the people of Japan who are looking to explore their options in India, Prime Minister Modi said that his government is committed to further refining the policies and procedures to boost make in India.

He further assured that it it remains his top priority to creating an enabling environment for business and attracting investments.

"Stable, predictable and transparent regulations are redefining the nature of doing business in India," he said.

Prime Minister said, "I have long maintained that India needs scale, speed and skill. Japan has a very important role to play in all three."

"Its involvement in our mega projects like Dedicated Freight Corridors, Delhi Mumbai Industrial Corridor, Metro Rail and High Speed Rail signifies scale and speed," he added.

Prime Minster Modi reiterated that the combination of Japanese hardware and Indian software is a fantastic combination that would benefit both countries. (ANI)

New York [USA], Feb. 21 (ANI): A police officer, while responding to a car crash incident, was shot dead on Monday in Whittier, Los Angeles, according to investigators.

Full Story >>

British Parliament debates Trump's UK visit

Updated: Feb 21, 2017 02:40 IST

London [UK], Feb. 21 (ANI): U.S President Donald Trump was accused of behaving "like a petulant child," during a British Parliament debate on his state visit.

Full Story >>

Washington D.C. [USA], Feb. 21 (ANI): President Donald Trump has named Lt. Gen. H.R. McMaster, a career Army officer and strategist, as his new national security advisor as a replacement of Michael Flynn.

Full Story >>

Kuala Lumpur [Malaysia], Feb. 21 (ANI): North Korea's ambassador to Malaysia, on Monday, denied identifying the Democratic People's Republic of Korea (DPRK)

Full Story >>

New Delhi [India], Feb. 21 (ANI): As the U.S. President Donald Trump, on Monday, wished America a 'Happy Presidents Day,' thousands of protesters are gearing up for demonstration against him on his special day.

Full Story >>

Russian ambassador to UN dies in New York

Updated: Feb 20, 2017 23:21 IST

Moscow [Russia], Feb. 20 (ANI): Russia's Permanent Representative to the United Nations Vitaly Churkin died in

Full Story >>

Kabul [Afghanistan], Feb. 20 (ANI): The Afghanistan Government on Monday handed over to Pakistan a list of 32 terrorist training centres and 85 terrorists based in Pakistan.

Full Story >>

New Delhi [India], Feb. 20 (ANI): Even after U.S. President Donald Trump's assertion of bringing back manufacturing jobs to the United States, production of the former's daughter Ivanka Trump's shoes has not stopped in China.

Full Story >>

New Delhi [India], Feb. 20 (ANI): U.S. President Donald Trump on Monday continued his tirade against 'fake news media', saying that its claim of large scale immigration in Sweden working out beautifully is incorrect.

Full Story >>

New York [U.S.A.], Feb. 20 (ANI): In a departure from what U.S. President Donald Trump has been saying, Defence Secretary James Mattis said they were not in Iraq to seize oil.

Full Story >>

Karachi (Sindh) [Pakistan], Feb.20 (ANI): Leaders and activists of the Jeay Sindh Muttahida Mahaz (JSSM) have claimed success for their province-wide strike against the China-Pakistan Economic Corridor (CPEC) projects and state-sponsored torture of secular Sindhi nationalist activists.

Full Story >>

By Binod Prasad Adhikari

Full Story >>

Kabul [Afghanistan], Feb. 20 (ANI): Afghanistan's Chief Executive Abdullah Abdullah has said it is unfair to accuse Kabul of supporting terrorism and violence as the country itself is a victim of terrorism.

Full Story >>

Muzaffarabad [PoK], Feb. 20 (ANI): Pakistan-occupied Kashmir's so-called Prime Minister Farooq Haider loves to visit foreign countries and the fact that people of the region whom he administers are suffering, makes no differences to him.

Full Story >>

Dhaka [Bangladesh], Feb 20 (ANI): Three suspected members of banned militant outfit Jama'atul Mujahideen Bangladesh (JMB) have been detained by Rapid Action Battalion in a drive conducted in Kachpur and Mograpara areas on Monday.

Full Story >>

London [United Kingdom], Feb 20 (ANI): Uber CEO Travis Kalanick has announced an "urgent investigation" into claims of sexual harassment and discrimination by a former employee of the company.

Full Story >>

Islamabad [Pakistan], Feb. 20 (ANI): The International Monetary Fund (IMF) has deferred next week's scheduled meet in Pakistan at present, due to the recent incidents of terrorism in the country that has left more than 100 people dead and several others wounded.

Full Story >>

Vadodara (Gujarat) [India], Feb. 20 (ANI): Baloch leader Mazdak Dilshad who was in Gujarat's Vadodara on Sunday, asserted that Baloch people are awaiting the support of the international community in connection to their human rights' violation and mass genocide by the Pakistani Army.

Full Story >>

Karachi [Pakistan], Feb. 20 (ANI): The Jeay Sindh Muttahida Mahaz (JSMM), a major separatist political party in Sindh, Pakistan, has given a call of strike across the province against China-Pakistan Economic Corridor (CPEC) today.

Full Story >>

New Delhi [India], Feb. 20(ANI): India has sanctioned a soft loan of 340 million US dollar to Nepal for various infrastructure development programmes.

Full Story >>