Business Daily from THE HINDU group of publications
Sunday, Jul 23, 2006
Business Daily from THE HINDU group of publications Sunday, Jul 23, 2006 |
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Industry & Economy
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Foreign Direct Investment `Japanese cos to invest $1.8 b in India in next 3 yrs' Our Bureau
New Delhi , July 22 Japanese investment in India will rise three times to $600 million per year as a host of Japanese companies have expressed interest to collectively invest $1.8 billion in the next three years, said Dr Ajay Dua, Secretary, Department of Industrial Policy and Promotion. While speaking at a press conference after Japan External Trade Organisation's announcement to set up a business centre in India, he said, "About 21 large Japanese companies have expressed interest in investing in India mainly in auto, telecom and chemicals."
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