FinMin Jaitley set to meet key investors in Japan

RSTV Bureau
File photo of Finance Minister Arun Jaitley. Photo-PTI

File photo of Finance Minister Arun Jaitley.
Photo-PTI

Finance Minister Arun Jaitley is in Japan to sell India’s growth story to key investors. During his six-day visit, Jaitley will meet Japanese Prime Minister Shinzo Abe as well as several key investors.

Meetings with Japanese telecom giant SoftBank’s CEO Masayoshi Son and Osamu Suzuki, the chairman of Suzuki Motor are already scheduled. SoftBank has already made a string of tech investments in India and has announced plans for raising it to USD 10 billion over the next decade. And Suzuki Motor, continues to the biggest Japanese investor in the automobile sector in India.

On May 31, Jaitley will attend the 22nd International Conference on ‘The Future of Asia’ organised by Nikkei Inc and in the afternoon, he deliver keynote address at the roundtable on National Investment & Infrastructure Fund (NIIF).

The government looks forward to attracting investors from the Rs 40,000-crore NIIF, which is an investment vehicle for funding commercially viable greenfield, brown-field and stalled projects.

Later Jaitley is also likely to meet top-notch CEOs at a meeting organised by the Japan-India Business Cooperation Committee and address the Institute For International Economic Studies (IIES) Symposium on Indian economy.

On June 2, Jaitley will deliver a Lecture on ‘India: Political, Social and Economic Change’ at Osaka University. Later that evening, the minister will participate and address the Make in India Investment Promotion Seminar and meet select Japanese CEOs and CII delegation.

The CII CEO delegation includes senior industry leaders like Naushad Forbes, President, CII and Co-Chairman, Forbes Marshall Pvt Ltd, Punj Llyod Chairman Atul Punj, Bharat Forge executive director Amit B Kalyani, DCM Chairman and Managing Director Ajay S Shriram and Wipro’s Japan head Naohide Takatani.

(With inputs from PTI)