New Delhi, Sept 2 (KNN) Highlighting the government’s endeavour to promote the small scale industries, Prime Minister Narendra Modi today invited and encouraged the small scale industries in Japan to come to India for tech hardware manufacturing, job creation, and quality production.

"We want to encourage and invite SMEs, small scale industries. India has a government that is working on development and aims to increase manufacturing," Modi said while addressing the Japanese investors in Tokyo today at the Japan-India Association event hosted by Japan External Trade Organization (Jetro) and Nikkei.

“There is no better place than India for Japanese business,” he said adding, “Come and invest in India: only place you can find democracy, demography and demand.”

Modi has assured the Japanese investors that there is no red tapism but only red carpet in India and said that a lot of regulations have been eased for trade in India.
Indian Prime Minister also said, "Like 'Made in Japan', we aim to turn 'Made in India' into a brand."

Modi said that India now has a government that is working on development and wants to step up manufacturing. He said that as a youngster, he did not have to think twice if a product said "Made in Japan".

Promoting tourism along with inviting the Japanese investors, Modi said, “I have a suggestion also- if you stay in India do not remain in TCS rooms daily. Take time out and travel across India.”

“I can tell you that even if you stay for 6 months and want to enjoy a new dish daily you will not have to repeat a dish,” he added.

Japan yesterday agreed to invest 3.5 trillion yen in a 5-year period in India under India-Japan Investment Promotion Partnership.

Modi also said, “I tried to replicate Japan's model of governance in Gujarat when I was the chief minister."

PM also recalled the major initiative launched by former prime minister Atal Bihari Vajpayee -- the Look East Policy -- to strengthen India-Japan relations and said it had now taken firm shape. (KNN/SD)