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Hiroshi Nawata, consul general of Japan in Bengaluru, said Karnataka was home to more than 200 Japanese companies and over 500 Japanese establishments, reflecting the depth of the economic relationship between the two sides. Hirotsugu Ueda, vice-governor of Japan’s Tokushima Prefecture (an administrative division), revealed that eight companies from Tokushima across various sectors are currently in Bengaluru looking for strategic opportunities.
S Selvakumar, principal secretary, commerce and industries department, said the state offers more than a destination for Japanese businesses. The companies, he said, included two regional banks, those from construction machinery, logistics clearance, glass processing and packaging sectors. “It will serve as an opportunity to expand the economic ties with India,” he added. “Bengaluru’s strengths in information technology, artificial intelligence, research and innovation complement Japan’s expertise in engineering, manufacturing, robotics and industrial excellence,” Nawata said.
Bengaluru: Karnataka govt has called for more Japanese investment in the state across industries.