Japanese Business In India
Recently japan external trade organisation jetro had announced that it would help 10 japanese companies to get into high tech projects with indian companies.
Japanese business in india. Initial cultural relations between india and japan post world war ii were initiated in 1949 by the indian prime minister jawaharlal nehru who. There are an estimated 30 000 japanese companies that have production bases in china which had emerged as the factory to the world compared with 5 100 in india. Bangalore attracts over 1800 japanese business visitors every month.
Over 600 japanese companies showed up recently at a webinar to discuss issues related to india s new customs rules of origin under carotar 2020. The numbers grew more in haryana and maharashtra than in other states as per the data. Japanese buddhism continues to play a major role in japanese society resulting in a strong shared identity between indian and japanese people.
The vast majority of the community works for toyota kirloskar honda fujitsu komatsu hitachi tsujikawa keihin and 80 other japanese corporates. The total number of japanese business establishments in india as of october 2018 is 5 102. Brij bhasin principal india investment lead rebright partners which is an asia focus early stage vc firm backed by publicly listed japanese internet companies says it is a great sign that.
Definition of japanese business establishment in india in principle any of the following is considered as a japanese business establishment for the purpose of this survey. 2 the total number of japanese business establishments in india is 3 961 with an increase of 1 419 establishments 56 growth as compared to 2 542 in october 2013. In bangalore the japanese community has increased by approximately 3000 in the last few years.
Over the last one year the number of companies has increased by 72 5 growth as compared to 1 369 in 2017. As per a report in asian community news. According to japanese government data the number of japanese companies registered in india increased to 1 441 from 1 369 and that of japanese business establishments went up to 5 102 from 4 838 during the period.
Similarly the number of establishments has increased by 264 5 growth as compared to 4 838 in 2017. Hitachi is one of the japanese company which has its market in india and has created a good market in india and also have seen greater heights this company is a manufacturer of power system air conditioner and industrial systems energy storage devices refrigerators are some of the products that are manufactured by the company.