India Largest Ever Business Delegation Visits Japan for Investment Target

Union Commerce Minister Piyush Goyal arrived in Japan on Monday, August 24, to lead India's largest-ever business delegation on a four-day visit aimed at deepening trade and investment ties between the two nations. Goyal, accompanied by over 200 representatives from key sectors, landed at Haneda Airport and was welcomed by Indian Ambassador Nagma Mallick. The delegation's tour will cover Tokyo, Nagoya, and Osaka until August 27.

The visit underscores the ambition of the India-Japan Special Strategic and Global Partnership at a time when both countries are seeking to significantly boost economic cooperation. A primary focus will be addressing the bilateral trade imbalance, which stood at $27.47 billion in the last fiscal year. While this figure represents substantial commerce, officials have noted it remains a fraction of the potential, with Japan's exports to India at $21.43 billion compared to Indian exports of $6.04 billion.

In Tokyo, the Minister will hold a series of high-level meetings, including a roundtable with Keidanren, Japan's apex business federation representing over 1,500 companies. Dedicated sessions are scheduled for emerging sectors such as semiconductors,...