India-Japan Business Summit Focuses on SMEs and Future Collaborations

The India-Japan Business Summit in Bengaluru emphasized growing collaborations between SMEs in Karnataka and Japan. Key topics included technology transfer, joint ventures, and market access, with plans for a new Japanese industrial park. The summit also highlighted the 10th anniversary of the India-Japan strategic partnership.

The second edition of the India-Japan Business Summit took place in Bengaluru, with a strong focus on enhancing collaboration between small and medium-sized enterprises in Karnataka and Japan. Key discussions centered on technology transfer, joint ventures, market access, and skill development.

Gunjan Krishna, CEO of Invest Karnataka Forum, noted the rising presence of Japanese companies in Bengaluru and announced plans for a Japanese industrial park at Vasanthanarasapura to support this trend. Concurrently, Nakane Tsutomu, consul general of Japan, marked the 10th anniversary of the strategic India-Japan partnership, revealing Japan's investment goals.

The summit also addressed India's business-friendly policies, highlighting innovation support, while speakers from commerce and industry underscored the event's role in amplifying India-Japan relations, particularly through digital technology and manufacturing advancements.

(With inputs from agencies.)