Destination India, say surging numbers in Japan Inc
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India has become the most sought destination for investment by Japanese companies, next to China and ahead of other Asian countries and emerging economies like Russia, Brazil, Mexico and even the US and UK. According to a recent survey by the Japan Bank for International Cooperation (JBIC) covering 620 leading Japanese manufacturing companies, 278, or 58 per cent, wanted to do business with India in the medium term, behind 74 per cent for China. The next best destination for Japanese manufacturers after India is Vietnam, way below with 31 per cent support.
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Monday 7 December, 2009 09:19 PM |