Japan’s apex industrial body Japan External Trade Organization (JETRO) has advised the Japanese companies planning to invest in India to explore the possibilities of setting up their basis in less-industrialized northern states as an option because of incentives, and other attractions like availability of labour at a reasonable cost.
“Though industrial development in many states is not advanced there are advantages in terms of labour availability, cost; and incentives can be enjoyed in these less-industrialized states. These states have the potential for certain industries and businesses, hope you would rediscover new possibilities in these north Indian states,” said Yasuyuki Murahashi, Chief Director General, JETRO India while addressing potential Japanese investors during an Indo-Japan Webinar recently. Read more...
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