A overview of economic relation between Asian Giants Japan and India. We would like to bring forward the infinite growth possibilities that Japan and India's collaboration can provide.
2. Why this is the best time
Japanese Prime minister Shinzo Abe is looking forward for developing
deeper economic and security relations with India.
For last 7 years the trade between India and Japan has increased steeply.
Still there is more than plenty of room to grow.
3. FDI of Japan in India
Japan currently has the fourth largest FDI in India
More than 1000 companies from Japan control
business in India.
Main interests have been automobile
industry, electrical
equipment, pharmaceuticals, trading and
telecommunications sector.
4. Official Development Assistance (ODA)
As of February 2013, 66 projects are been under
implementation by Japanese loan.
Since 2003. India has been the largest recipient
of the ODA.
Commitment of Yen 3807.763 Billion. As of March
2013.
5. India‟s will to absorb
Considering the wide market available in India. Japan
has a very good opportunity to invest in Indian Market.
Infrastructure, Financial
services, manufacturing, automobiles and auto
parts, power, metals, renewable energy, food processing
and electronic hardware have good scope in India
Source:
http://indembassy-tokyo.gov.in/india_japan_economic_relations.html
http://thediplomat.com/2013/01/japan-and-indias-growing-embrace/
http://www.dailymail.co.uk/indiahome/indianews/article-2538783/Japanese-PMs-visit-India-bodes-strong-ties.html
6. Asia‟s Odd Couple: India
and Japan
Why history favours this
collaboration
7. History
It all started way back in 6th century, when
Buddha went to Japan.
The cultural impacts of Bodhisena and its Indian
roots have made Japan and India very much
closer to each other.
Despite Cold Wars the Relationship between
India and Japan has strengthened.
8. Current Scenario
Japan has one of the highest FDI in India.
India has been a promising market for
Japan, with 1000 Japanese companies all ready
setting up a base in India
Indian Engineers have been known to be a part
of the backbone for Japan.
9. Yin and Yang
Japan is neat, efficient and organized. They
prefer precision and orderliness. India works only
on “jugaad”. Here the things rarely work via the
order set out.
What makes Indians and Japanese hold the
same ground is our deep respect and desire for
family grounds.
For instance age old customs like ‟kamioki‟
where at age of five children shave their heads
for good health.
10. Yet the „Win-Win‟ Situation
Japan has an experienced
and knowledgeable
population
India is youthful, skilled and
intelligent who are constantly
embracing the new.
Japan has strong
brand, Technology, and
capital to invest
India has a desire to grow and
has capacity to consume.
Japan can find a way out
of their saturated market
through India.
India has natural resources
and desirable geographic
locations
11. India a treasure to Explore!
Being the world‟s largest democracy. India has
splendid diversity with 28 states and multiple
languages
The consumer needs are diverse and to put up
a challenge; understanding the rules of business
from set up to taxation, from laws and legality to
marketing and distribution is a daunting task.
12. Looking for a helping hand?
Reach to RKCAXAT - a collaboration with RKCA from
India and XAT
RKCA was established in 1974 and has over 4
decades of history serving in Indian Sub-Continent.
(contact us at drathi@rkca.net)
XAT Tax Corporation was established to achieve the
“Client First” in January 2004. The professional firm
now has about thirty professionals and provides high
value-added services for companies operating
locally and globally.