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  • Sep 02, 2014
  • Japan doubles India investment to $35 bn

    India and Japan on Monday announced deepening of their strategic defence and economic cooperation and asked their officials to expedite inking of a pact for nuclear energy cooperation. While Tokyo announced doubling of its investments in India and committed itself to putting $35 billion, or Rs 2,10,000 crore, in the country's public- and private-sector projects over the next five years, Prime Minister Narendra Modi promised he would introduce special mechanisms like "Japan Fast Track Channel" for Japanese investors here.

    Source - http://www.business-standard.com