The Japanese investment in India will continue to rise as the East Asian country is keen to expand offshore investments to generate opportunities for its construction and engineering firms, according to BMI Research.
Prime Minister Narendra Modi along with his Japanese counterpart Shinzo Abe, who was on a two-day visit to India, laid the foundation stone for country’s first bullet train project between Ahmedabad and Mumbai.
Japan has given a loan of Rs 88,000 crore at 0.1 per cent interest for the Rs 1.10 lakh crore bullet train project.
“Japan’s involvement in India’s infrastructure industry will continue to accelerate, as (Shinzo) Abe seeks to expand overseas infrastructure investments to generate opportunities for Japanese construction and engineering firms…,” the Fitch group company said in its outlook for India’s infrastructure sector. Read More…
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