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Japan Inc seeks free and open investment climate in India

News and Press Release - Dated:- 11-11-2016 - Japanese business leaders and investors on Friday said India is an attractive manufacturing base and market that has a huge potential for business but sought more free and open investment climate and relaxation of land acquisition policies. Chairman of Keidanren (Japan Business Federation), Japan's most influential business lobby, Sadayuki Sakakibara, while addressing the business forum meeting attended by Prime Minister Narendra Modi especially .....

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and Services Tax (GST) in India. Referring to the growing friendship between India and Japan in various fields, including political and diplomatic, he said Japanese firms have benefited from this. India with 1.2 billion people, a big middle class segment and an competitive workforce, is an attractive destination as a manufacturing base and market, he said. He noted that 1,200 Japanese companies are already in India and Japanese FDI has grown six times in 10 years. He appreciated Modi's campa .....

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