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October 19, 2017

Arun Jaitley calls upon Japanese companies to set up facilities in India


Newsroom24x7 Network

India’s Minister for Finance, Corporate Affairs and Defence Arun Jaitley meeting Finance Minister of Japan Taro Aso, on the sidelines of the annual Asian Development Bank Board of Governors’ meeting, in Yokohama, Japan on May 07, 2017.

Yokohama: India’s Finance Minister Arun Jaitley has underscored the initiatives under the “Make in India” campaign and called upon Japanese companies to set up facilities in India for manufacture of rolling stock for the metro rail projects during a bilateral discussion with the Finance Minister of Japan, Taro Aso here today .

Both the Ministers have noted the growing synergy between India and Japan and committed themselves towards working closely to further expand India-Japan bilateral economic cooperation.

Arun Jaitley tells Asian Development Bank (ADB) President Takehiko Nakao to ensure primacy is accorded to the views of developing countries in ADB’s operations

Jaitley also had a meeting with Asian Development Bank (ADB) President Takehiko Nakao and discussed India-ADB bilateral engagements. While expressing satisfaction that India today is the largest client of ADB, Jaitley urged Nakao to ensure that since ADB provides services to Developing Member Countries, the Bank should ensure that primacy is accorded to the views of developing countries in ADB’s operations and resource planning.

Jaitley is on a three-day official visit to Japan to participate in the Annual Meeting of Board of Governors’ of Asian Development Bank (ADB) among others. During his visit, the Finance Minister is being accompanied by Shaktikanta Das, Secretary, Department of Economic Affairs (DEA) and other senior officials of the Ministry of Finance.

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