As India's presence grows in the international supply chain, it was found that 24 Japanese manufacturers such as automobile parts and air conditioning have put together a plan to invest a total of more than 120 billion yen in India.
Regarding economic cooperation between Japan and India, when Prime Minister Kishida visited India in March, he announced that he would invest a total of 5 trillion yen over the next five years. Has announced an investment of about 150 billion yen and Toyota Motor has announced an investment of more than 80 billion yen.
According to the people concerned, it was found that 24 Japanese manufacturers such as automobile parts and air conditioners have put together a plan to invest a total of more than 120 billion yen.
For automobile parts, Daicel, a chemical manufacturer, will build a factory to make parts for airbags, and 14 companies will have about 75 billion yen. For air conditioning, Daikin Industries will set up a new parts factory, and 6 companies will have 13 billion yen. Invest each surplus yen.
In addition, we will utilize the subsidy system provided by the Government of India for textiles, medical equipment, electronic components, etc.
Prime Minister Kishida is expected to announce these investment plans at the summit meeting with Indian Prime Minister Modi on the 24th, encouraging Japan to invest in India, which has a growing presence in the international supply chain. , I would like to further strengthen the economic relationship between the two countries.