PM NarendraModi Successful Japan Visit – 10 key Outcomes

By | September 4, 2014

PM NarendraModi Successful Japan Visit

The successful five days Japan visit of PMNarendraModi has resulted 10 outstanding Key outcomes. Prime Minister NarendraModi has come home after concluding a successful Japan visit with the main outcome of pledging financial support from Japan for building infrastructure in India.

Modi’s slogan-‘Make in India’ appeared to become a reality, when he openly invited Japanese Companies to look at India considering it a ‘competitive low-cost manufacturing hub’. The whole world saw the India-Japan relations becoming stronger and upgraded through the ‘Special Strategic Global Partnership’.

Let’s talk about 10 key Outcomes from PM NarendraModi Successful Japan Visit…

Modi’s 3D Mantra for Every Businessman:

Modi invited the Japanese investors to invest in Indian Market by introducing India as the best place for investment and said that it is one of the most competitive markets in the world. He said when he was addressing the Japan’s Nikkei Exchange that our nation (India) 3 necessary ‘Ds’ for every businessmen which are Democracy,Demography and Demand.PM said that it’s important for Japan to move to low cost hubs of manufacturing.

PM Modi continuous his talk that foreign investors require a productive business environment to grow their business and in India and we’re working on improvement of ease of doing business in India.

Bullet Trains on Indian Tracks: 

Get ready to travel in a high speed bullet train. Now the dream of running bullet trains on the Indian Tracks going to become a reality. PM’s bullet train project appeared standing one step before the accomplishment when Japan articulated an agreement to provide financial, technical and operational support for introducing the high-speed trains in India.The first bullet train may be running from Ahemedabad to Mumbai and the cost of this high speed run of 300 KM/Hour is approximated around Rs.60, 000-70,000 Crores.

Now PMO’s Special Team Has 2 Japanese Nominees: 

Prime Minister made and an announcement that there will be special management team would be set up under the Office of PM to manage the investment proposals from Japan. It will happen for the first time when an Indian Govt Team is having nominees of foreign Govt.The two Japanese nominees will not only the part of the team but also the part of decision making team to evaluate business proposal.

Special Strategic Global Partnership:

The relation between India and Japan has become stronger partnership to thelevel of ‘Special Strategic and Global Partnership’. Both the countries signed a defence pact for regional stability and Tokyo’s decision to double FDI in India.

Both the countries made it definite to upgrade and strengthen their defence corporation. Officials are commanded to promote military equipment collaboration and gear up talks on modalities to purchase Japanese US-2 Amphibian aircraft.

Civil Nuclear Deal Remains Undefined: 

Japan stated that it want India not to test nuclear weapons and more stringent examinations of Indian nuclear facilities insuring that spent fuel is not diverted to make bombs. India is maintaining on self-imposed moratorium on the tests and doesn’t concur to persistence of Tokyoon the phrase in the contents of the agreement which is offering for automatic termination of nuclear ties if India conducts test in future.

Modi Deplores ‘Expansionist’ Tendency Of Some Countries:

The 21st century which is the most dynamically developing period belongs to Asia and the whole world is agreed with this. Now this is all depends on how stronger and progressive the 2 nation’s bond to collaboration of development and expansionism will lead to crumbling.

New TCS Training Initiative:

PM Modiintended to establish TCS Japan Technology and Culture Academy, which will make contribution of technology and cultural knowledge between IT professionals of both the countries.Modi’s officials will shortly announce the first batch of 48 TCS Japan trainees who will come to India for undergo training of 6-8 weeks at various TCS locations.

Modi Deplores ‘Expansionist’ Tendency Of Some Countries:

The whole world accepts that the 21st C will belong to Asia, but fundamentally it will depend on how deep and progressive the two countries’ relationship to collaboration of development and expansionism will lead to breaking down.

A Promise to Invest Over $33.58 Billion for India:

Japan made an announced to make an investment in India to about $34 billion over the adjacent five years for the growth.In this project,a plan of investing in infrastructure and building of smart cities is also included.

Japan Lifts Ban On 6 Indian Entities: 

Japan lifted ban on HAL and five other Indian entities, which had been inflicted in the wake of the 1998 nuclear tests, amid Modi’s assertion that cooperation between the two nations in defense and security will get a “new way”.

Modi saidthat Japan has determined to erase ban on some entities. Sources later said the prohibition had been moved up on six entities, including Hindustan Aeronautics Limited. However, 4 units still remain in the banned list.

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