Prime Minister Narendra Modi has been on a bilateral visit to Japan and is expected to attract the Japanese investors to boost the ‘Made in India’ initiative. Highlighting the importance of India’s economic ties with Japan, PM Modi said that India needs Japan’s assistance in a transitional phase with GST and demonetization on the cards.
“We are taking huge steps towards becoming the World’s safest place to invest. A lot of measures have been taken in that direction and we are bound by it. India is in a transitional phase. We are getting ready to roll out GST from next year and also demonetized high-valued currency notes to tackle black money. I promise you that India will not be the same as you see now, in a couple of months. I am hopeful that India will soon march towards becoming a developed country with much more pace than before”, Prime Minister Narendra Modi said, addressing a meeting of Japanese investors.
The Prime Minister tried to highlight the importance of Japan for India by saying that he needs the skill and quality of Japan in India’s progress. “Gentlemen, for our aspirations to blossom, we need Japan’s skills and quality. As you all know, in India….the name Japan means ‘assured quality’. We need that quality in our modernization. In short, we want ‘Made in India; and ‘Made by Japan”, the PM said.
“This century is marked by Asia’s growth and will continue to be so, as long as we stay united. Let us march forward and explore bigger prospects and bigger potentials and play a major role in Asia’s emergence”, he added.
Earlier on Thursday, the Indian prime minister met former Japan Prime Minister Yoshiro Mori and had an informal discussion on India’s progress. Later, PM Modi met his highness Emperor Akihito of Japan in Tokyo followed by a meeting with the Japanese investors.
PM Modi’s Japan visit will continue till Saturday, November 12 and is expected to meet the top leaders and officials of Japan, to highlight India’s bid.