Nath urges Japanese firms to expand biz in State

| | New Delhi
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Nath urges Japanese firms to expand biz in State

Tuesday, 14 January 2020 | PNS | New Delhi

Chief Minister Kamal Nath has urged Japan’s companies already operating in the State to expand their business. He said that investment friendly environment has been created in the State. Comprehensive changes as well as simplification in policies and rules have been made.

Kamal Nath told this during a meeting with the Chief Managing Director of Japan External Trade Organisation (JETRO) Yasuyuki Murahashi in New Delhi on Monday. The Chief Minister discussed the possibility of Japan’s investment in detail with Murahashi.

During the meeting, Kamal Nath informed Murahashi that there is a wide scope of investment in solar energy, food processing, textile, garments as well as in logistic hub.

Inviting the Japan’s companies for investment in the State, he said that the State Government will render full cooperation to the existing companies in the state for business expansion. The Chief Minister further added that positive and trustworthy environment has been created for industrialisation in the State. Separate policies have also been framed for industries of different technologies.

The Chief Minister said that Japan’s technology is famous all over the world. We intend that this technology should also be used at greater extent in Madhya Pradesh along with whole India.

He said that a special team of officials and industrialists from Madhya Pradesh will soon visit Japan to invite Japanese investors to explore the possibility of Japanese investment in the State.

Before the meeting with the CM, the MD of JETRO and others investors were briefed on the industrialisation and potential for investment in the state along with the concessions being given by the Government and its policies.

The Chief Secretary SR Mohanty, Additional Chief Secretary and Resident Commissioner ICP Kesri, Principal Secretary Industries Rajesh Rajoura, Principal Secretary New and Renewable Energy Manu Shrivastava and Officers of the Japan External Trade Organisation were present on the occasion.

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