Desk : Japanese companies now see India as a stable and suitable place to do business. Wilcox, a senior executive at Nomura, said India is now a “less volatile” market than in recent years. He also said that Japanese companies have a more positive outlook towards investing in India.
Wilcox cited the rapid growth of India’s economy and improving trade policies as the main reasons behind this. Additionally, India’s developing infrastructure and large market have also been cited as a major attraction for Japanese investors.
He also indicated that this change in the perception of Japanese companies towards India is a result of the Indian government’s policies of economic reforms and improvement of the business environment. Japanese companies are now looking at India as a potential production hub and long-term trading partner.
This statement from officials of companies like Nomura shows that India’s importance on the global economic stage is continuously increasing and the confidence of foreign investors is strengthening.
