Home / Knowledge / News / Textiles / Indian infrastructure projects to get Japanese investment
Indian infrastructure projects to get Japanese investment
Sep '14
Mr. Modi (L) with Mr. Abe/c: narendramodi.in
Mr. Modi (L) with Mr. Abe/c: narendramodi.in
Infrastructure projects in India are going to get a big push as the Government of Japan has promised 3.5 trillion yen (about US$ 34 billion) of public and private investment and financing from Japan to India over the next five years, according to a joint statement by visiting Indian Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe.
Japanese funding would be made available for several projects, including next generation infrastructure projects, smart cities, introduction of high-speed railway, rejuvenation of Ganga river, as well as in Indian Government’s initiatives in several other fields like manufacturing, skill development, clean energy, etc.
Prime Minister Modi promised that the Indian Government would create special mechanisms like ‘Japan Fast Track Channel’ for the benefit of Japanese investors willing to invest in India.
Earlier, addressing business leaders, Mr. Modi said, “If Asia has to lead, India and Japan will have to come together and take the development agenda to greater heights.”
During his five-day visit to Japan, Prime Minister Modi is expected to meet Uniqlo chairman Tadashi Yanai to further discuss the Japanese clothing major’s multi-billion dollar India investment plan.
At present, Japan is the fourth-largest foreign direct investor into India.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search