Maharashtra to have ‘one stop shop’ for Japanese companies: Fadnavis

Press Trust of India Updated - January 22, 2018 at 08:12 PM.

Concludes 4-day tour of Japan, invites firms to invest in the State

The Maharashtra CM will set up a special desk at the Mantralaya (State secretariat) to oversee projects from Japanese companies

Aiming to do business with Japan in a big way, The Maharashtra government on Sunday said it would have a ‘One stop shop’ to monitor all projects involving Japanese companies.

Chief Minister Devendra Fadnavis, who returned after a four-day trip to Japan, told PTI that the State government has decided to set up a special desk in Mantralaya (State secretariat) to oversee these projects.

NIDEC visit
“A special desk will be set up along with JETRO to do hand-holding for Japanese companies. This will be a sort of one-stop shops,” the Chief Minister said.

Fadnavis said NIDEC Corporation (Nihon Densan Kabushiki Kaisha), the world’s leading manufacturer of electric motors, will send its team to Maharashtra to explore investment opportunities. “NIDEC Corporation manufactures electric motors for hard disk drives, electronic appliances and automobiles,” said Fadnavis, who met Shigenobu Nagamori of the Japanese company during the last leg of his Japan tour.

“The company will send a team to Maharashtra to explore investment opportunities,” he said. Fadnavis also visited the Yokohama port and reviewed the development work being carried out. Fadnavis and Industries Minister Subhash Desai visited the port, which handles 27 million tonne of cargo. He also attended and addressed a function organised by the Association of Friends of Japan. “The Association has agreed to work as a facilitating centre in Japan to bring investment in Maharashtra,” he said. During his visit, the Maharashtra Chief Minister, who unveiled Babasaheb Ambedkar’s statue at Koyasan University in Japan, said “Ambedkar’s struggle and principles for human dignity, social equality and justice is universal and relevant even in the modern age.”

Fadnavis had on September 8 embarked on a four-day visit to Japan, where he held consultations with captain’s of Japanese trade and commerce for investment opportunities back home.

He was accompanied by top officials of Maharashtra Tourism Development Corporation (MTDC), Maharashtra Industrial Development Corporation (MIDC) and Mumbai Metropolitan Region Development Authority (MMRDA), on the trip.

Published on September 13, 2015 17:33