Japanese Industrial Township to Be Set up in Assam: DPIIT Secretary

India is planning to set up the 13th Japanese industrial township in Assam, a move aimed at promoting domestic manufacturing and strengthening economic ties between the two countries, said Secretary, Department of Industry and Internal Trade (DPIIT) Dr Guruprasad Mahapatra.

He said that they are working on a GIS-enabled database of industrial areas and clusters across the country.

While speaking at the Invest India Exclusive Investment Forum - Japan Edition, through video conference Mahapatra said, '' In terms of infrastructure, India has 12 Japanese industrial townships across nine states, a 13th is being planned in Assam. These are integrated industrial parks ready to move in infrastructure facilities, with world-class infrastructure, plug and play factories, pre-approved licences and investment incentives exclusively for Japanese companies."

Meanwhile, Union Commerce and Industry Minister Piyush Goyal asserted that India and Japan are looking to have trusted partners from authentic investors.

''It is important that Japan and India expand trade and business relationships. Japan is one of the most important and trusted trading partner,'' he added.

The Minister further said that as the world has recovered from the grip of the COVID-19, the government of India has been preparing strategies and action plans not only for business continuity and is set for a revival but also setting out red carpet for global investors to continue to choose India as the preferred destination for investments.

''One of the biggest things that this Government has done to convert this current situation into a huge opportunity, is bringing a number of reforms that have happened recently as reflected in our progress, by more than 65 places in the last five years in the Ease of Doing Business of the World Bank. A large number of policies have been introduced by the Government of India and the State Governments to make this happen,'' Goyal said.