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  • Why are you still waiting-Grab the Opportunity

    Commerce Minister Kamal Nath on Saturday(16/12/2006)said a renewed enthusiasm was witnessed among the Japanese companies about India and billions of dollars of investment are expected in the near future.

    He said several Japanese companies like Suzuki, Nomura Securities, Toshiba and Nissan had conveyed their readiness to enhance their business in India in a major way.

    The amount of investment that has come from Japan over the last 15 years will now come in 15 months.Nath, who had several interactions with Japanese business leaders, said Nomura had committed to invest US $10 billion in the current year.

    Suzuki will be opening its second plant here next month and intends to export three lakh cars per year from India, he said.Toshiba and Nissan also conveyed their interest to look at India as part of their expansion plans.

    Times of India, Date:16/12/06
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