Finance Minister Sitharaman invites Japanese entrepreneurs to explore investment opportunities in India

New Delhi, May 12 (KNN) Finance Minister Nirmala Sitharaman on Thursday invited Japanese investors and business leaders to explore investment opportunities in the country.

Addressing the Rising Investment Opportunities: Destination India, an event organised by Japan Chamber of Commerce & Industry (JCCI) and the Indian embassy in Tokyo, Sitharaman highlighted the country’s digital public infrastructure revolution and its impact in the areas of health, education, financial inclusion and agriculture.

Sitharaman is on a two-day official visit to Niigata, Japan, to attend a G7 meeting. India is an invitee to G 7 Finance Ministers and Central Bank Governors meeting.

The finance minister apprised the investors and business leaders from Japan, that to facilitate businesses, India has been easing a lot of restrictions and ensuring overall ease of doing business in its walk towards Amrit Kaal, the finance minister said in a series of tweets.

In her address, she also highlighted the government's priority to incentivise and facilitate investments by businesses through the Production Linked Incentive (PLI) scheme, which was initially introduced for 14 sectors and is now being expanded in areas of semi-conductors and solar components.

Sitharaman informed the gathering that the Indian government is focussing on skilling people in the fast-developing area of Artificial Intelligence so that the young population can use it towards innovative solutions for all.

Referring to India’s commitment to greening of economy and the goals under Nationally Determined Contributions NDCs, especially in renewable energy, she said that India already achieved, with its own funds, 175 GW of solar energy and now aims to achieve 300 GW by 2030.  (KNN Bureau)