CM inaugurates JETRO Business Support Centre in Ahmedabad

Posted on 05, Jul 2018

Gujarat Chief Minister Mr. Vijay Rupani inaugurated the JETRO Business Support Centre in Ahmedabad in the presence of the Chairperson and CEO of JETRO, Mr. Hiroyuki Ishige.  Speaking on the occasion the CM envisaged creating an ambient atmosphere in the state such that there is investment of as many as 3 billion dollars in the state by 2020 by Japanese firms.

As many as 15 Japanese firms signed Interest of Investment MoUs with Gujarat. The CM further said, “JETRO’s Business Support Centre is opening at the right time and the right place in Ahmedabad as Gujarat is the growth engine of India’s development. I believe that it will help in strengthening the Indo-Japanese relations.” He added, “A relationship that started at Vibrant Gujarat in 2003 has today developed into a strong and reliable partnership.” He also said that these firms will help to realise the ‘Make in India’ concept of Prime Minister Mr. Narendra Modi and said that the efforts of PM Modi during his term as the CM have helped increase the investments in the state.

Giving a brief overview about Gujarat to the Japanese industrialists, Mr. Rupani said that “Gujarat has been a development model for the country and contributes 8% to the country’s GDP. The state contributes 18% in the total industrial products produced and 20% in exports. Gujarat is among the top- 3 preferred destinations for foreign investments in the country.”

Gujarat has recognised the Japanese Economic Corridor as the Focus Centre for Industrial Development which will promote a better standard of living in the state through more and more investments and employment opportunities for the people. The major part of the Delhi-Mumbai Industrial Corridor is in Gujarat coupled with a 1600 km long coastline which will enable the Japanese companies in the state to export their products to any part of the world.

The government has allotted land for Hybrid Industrial Park, Japan-India Institute for Manufacturing and 1750 acres for Indo-Japanese Industrial Township and value chain production at Bhagapura along with various other Japanese firms interested in investments in order to promote the economic ties between India and Japan.

Speaking on the occasion, Mr. Hiroyuki Ishige remarked, “The aim of the Business Support Center in Ahmedabad is not just to facilitate the entry of new Japanese investors. We also want to help Japanese companies successfully sustain their business and help them continue the Make in India initiative. I believe Gujarat embodies the New India as envisioned by the Prime Minister Mr. Narendra Modi.”

The Consul General of Japan said, ‘The JETRO Business Support Centre has been set-up in order to foster better ties between India and Japan that were initiated by PM Modi. This business centre will ensure better investments in a business friendly state.”

The Consul General of Japan in Mumbai Mr. Ryogi Noda, Principal Secretary to CM Mr. M.K Das   and various other dignitaries were present on occasion.