INDIA PITCHES FOR JAPANESE COMPANIES AS THEY MOVE OUT OF CHINA
India is making a pitch for attracting Japanese companies ...
India is making a pitch for attracting Japanese companies in the post Covid-19 scenario after the Japanese Government announced incentives for its companies to move out of China. Invest India has prepared a paper on “Why is India the best place for Japanese investments in the post Covid-19 world” authored by Devika Chawla, Strategic Investment Research Unit, and Seerat Kohli, Japan Plus, Invest India.
The paper has also been put up on the Twitter handle and Facebook page of the Indian embassy in Japan. Invest India is a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. It is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India. The paper argues that there is widespread uncertainty about China’s future global role and trade practices. It examines the recent announcements by the Japanese government offering massive incentives to their companies to move out of China and argues why Japan should look towards India as the foremost destination for diversifying its supply chains away from China.