ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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THE ECONOMY-Inviting Japanese Capital

Inviting Japanese Capital AT the conclusion of a nine-day visit to India last month, the head of a 35-member Japanese Survey Mission on the Investment Environment, Ken-ichi Suematsu, deputy president of Mitsui Bank, said that unless the liberalisation process was carried to its logical end there would not be any increase in Japanese investment in India. On its part the Indian bourgeoisie urged the mission to remove apprehensions among Japanese investors about the investment climate in India. They emphasised that India offered distinct advantages for foreign investment because of its liberal economic regime, concessional tax rates for export-oriented ventures, vast domestic market and large pool of technical labour power.

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