India - Japan Commercial Relations India - Japan Commercial Relations

India - Japan Commercial Relations

India-Japan Bilateral Commercial Relations

      Commercial relations between India and Japan have vast potential for growth, given the complementarities that exist between the two countries. Japan's interest in India is increasing due to variety of reasons, including India's big and growing market and its resources, especially the human resources. The signing of the historic India-Japan Comprehensive Economic Partnership Agreement (CEPA) and its implementation from August 2011 has accelerated economic and commercial relations between the two countries. During the visit of Hon’ble Prime Minister of Japan, Mr. Fumio Kishida to India in March 2022, both the Prime Ministers expressed intention to realize JPY 5 trillion of public and private investment and financing from Japan to India in the next five years, to finance appropriate public and private projects of mutual interest.

2. Japan’s bilateral trade with India totaled US$ 20.57 billion during FY 2021-22. Exports from Japan to India during this period were US$ 14.39 billion and imports were US$ 6.18 billion. Japan’s exports to India were 2.35% of India’s total imports and India’s exports to Japan were 1.46% of India’s total exports. This underlines that there remains a big potential. The export-import statistics for the last five years as per India's Ministry of Commerce data bank are as follows:

( in US$ billion)

Year

2017-18

2018-19

2019-20

2020-21

2021-22

2022-23 (Apr-Jan)

India's export to Japan

4.73

4.86

4.52

4.43

6.18

5.18

India's import from Japan

10.97

12.77

12.43

10.9

14.39

11.97

India-Japan

bilateral trade

15.71

17.63

16.95

15.33

20.57

17.15

(Source: Department of Commerce, Govt. of India)

 

India’s top 10 Exports to Japan

(in US$ million)

S.No.

HS Code

Commodity

2021-2022

2022-2023 (Apr-Jan)

1

29

Organic Chemicals

696.05

606.67

2

3

Fish And Crustaceans, Molluscs And Other Aquatic Invertabrates.

433.24

391.16

3

84

Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof.

478.85

367.64

4

87

Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof.

328.71

331.39

5

27

Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes.

981.8

313.61

6

71

Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Artcls Thereof;Imit.Jewlry;Coin.

394.43

302.73

7

85

Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts.

516.53

270.17

8

76

Aluminium And Articles Thereof.

316.54

244.16

9

72

Iron And Steel

354.08

228.09

10

38

Miscellaneous Chemical Products.

242.44

196.05

(Source: Department of Commerce, Govt. of India)

 

India’s top 10 imports from Japan

(in US$ million)

S. No.

HS Code

Commodity

2021-2022

2022-2023 (Apr-Jan)

1

84

Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof.

2,702.62

2,339.44

2

28

Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals, Or Radi. Elem. Or Of Isotopes.

1,660.50

1,740.02

3

85

Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts.

1,317.65

1,416.81

4

72

Iron And Steel

1,011.55

1,165.03

5

39

Plastic And Articles Thereof.

1,237.17

1,017.93

6

74

Copper And Articles Thereof.

1,193.58

944.68

7

29

Organic Chemicals

776.88

679.29

8

87

Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof.

762.9

632.47

9

90

Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof;

699.54

597.24

10

71

Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Artcls Thereof;Imit.Jewlry;Coin.

169.87

386.99

(Source: Department of Commerce, Govt. of India)

  1. India-Japan CEPA: The 6th Joint Committee Meeting under India-Japan CEPA was held on 15th January 2021 through VC. The meeting was co-chaired by Dr. Anup Wadhawan, Secretary, Department of Commerce, Government of India and Mr. Hiroshi Suzuki, Senior Deputy Minister for Foreign Affairs, Government of Japan.
  1. India – Japan Industrial Competitiveness Partnership – India – Japan Industrial Competitiveness Partnership – A Memorandum of Cooperation between the Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Economy, Trade and Industry (METI) on India – Japan Industrial Competitiveness Partnership was signed on November 16, 2021 to jointly explore the possibilities of enhancing India’s industrial competitiveness with a view to enhance the Special Strategic and Global Partnership between the two countries. Under the arrangement, Joint Working Group (JWG)s in different sectors ranging from Textiles and Logistic to Steel and Food Processing have been formed. The 1st meeting of JWG on Textiles was held on October 5, 2020 virtually. The 4th meeting of JWG on Logistics was held on October 17, 2022 in Tokyo. The first India-Japan Steel Dialogue was held on October 14, 2022 in virtual mode. First meeting of the JWG on MSME was virtually on November 07, 2022. The first meeting of the JWG on Industrial Capital Goods was held virtually on December 02, 2023. The second meeting of the Joint Working Group on Food Processing was held in Tokyo on March 07, 2023. A preparatory meeting on JWG on Auto was also held virtually on March 06, 2023. In addition, the 5th meeting of the India-Japan Industrial Competitiveness Partnership was held in Tokyo on 28 February 2023. The meeting was co-chaired by Secretary, DPIIT from India and Vice Minister for International Affairs, METI from Japan.
  1. India-Japan Digital Partnership (IJDP) and Start-up Hub: An “India-Japan Digital Partnership” (I-JDP) was launched during the visit of Hon’ble Prime Minister Shri Narendra Modi to Japan in October 2018, furthering existing areas of cooperation as well as new initiatives within the scope of cooperation in S&T/ICT, focusing more on “Digital ICT Technologies”. This also incorporates setting up “Start-up Hub” between India and Japan. MeitY will be nodal agency to implement it from Indian side with Ministry of Communications (MoC), DIPP, NITI Aayog & other stakeholders and METI from Japanese side with MEXT and MIC & other stakeholders from Japanese side. First Startup Hub was established in Bengaluru by JETRO to identify select Indian start-ups for Japanese market and for potential Japanese investors. Thereafter, Startup-India (under Invest India) and Japan Innovation Network (JIN) signed an MoU on innovation collaboration with a focus on SDGs (Sustainable Development Goals) connecting two start-up eco-systems in June 2018. Invest India also launched an on-line portal for the Start-up hub. In August 1, 2020, the Japanese Government announced that it would provide financial assistance to 10 Japanese companies planning to start new business in India in cooperation with Indian IT companies as part of the Japan-India Digital Partnership. The objective is to support Japanese companies’ utilization of IT talents in India. The 7th Joint Working Group on IT & Electronics (Digital Partnership) was held on September 9-10, 2020 through Video Conference between MeitY, India and METI, Japan with participation of relevant government stakeholders and industry participation. The 7th Joint Working Group under India-Japan ICT Comprehensive Cooperation Framework was also held on May 13, 2022 through hybrid mode. The MoU on ICT between India and Japan was signed on January 15, 2021 by Telecom Minister of India and MIC Minister of Japan. An India-Japan Digital Partnership Webinar was held online on February 28, 2022 which included discussions on digital transformation and preparing for post-COVID-19 international competition.
  2. Supply Chain Resilience Initiative (SCRI): A trilateral Economic Ministerial level initiative on Supply Chain Resilience Initiative (SCRI) was launched on September 1, 2020 among Australia, India and Japan through video conference (VC), with an objective to ensure resilience of supply chain through diversification in Indo-Pacific region. In this regard, a Trilateral Ministerial video conference was held by the Trade Ministers of India, Japan and Australia for formal launch of Supply Chain Resilience Initiative on 27 April 2021. The three Ministers Mr. Piyush Goyal, Hon’ble Minister for Commerce and Industry, India; Mr. Kajiyama Hiroshi, Hon’ble Minister for Economy, Trade and Industry, Japan and Mr. Dan Tehan, Hon’ble Minister for Trade, Tourism and Investment, Australia briefed about the measures taken by the respective countries during COVID-19 pandemic. The Ministers acknowledged that the COVID-19 pandemic was having an unprecedented impact in terms of lives lost, livelihoods and economies affected, and that the pandemic had revealed supply chain vulnerabilities globally and in the region. The Ministers also noted that some supply chains have been left vulnerable due to a range of factors. The Ministers instructed their officials to implement the following as initial projects of SCRI and further develop the Initiative: (i) sharing of best practices on supply chain resilience; and (ii) holding investment promotion events and buyer-seller matching events to provide opportunities for stakeholders to explore the possibility of diversification of their supply chains. During the meeting it was also decided to convene the trilateral Ministerial meetings more frequently. Second Trilateral Ministerial meeting was held on March 15, 2022.
  1. The Embassy of India exchanged Note Verbale with the Japanese Ministry of Foreign Affairs on 29 September, 2016 for the implementation of the Protocol amending the Indian-Japan DTAC (The Protocol entered into force on 29 October 2016). The Protocol provides for internationally accepted standards for effective Exchange of Information in tax matters and that both India and Japan shall lend assistance to each other in the collection of taxes. These provisions will help in preventing international tax evasion and tax avoidance.
  2. Cooperation in Skill Development: The Ministry of Economy, Trade and Industry (METI), Japan and the Ministry of Skill Development and Entrepreneurship, India signed an MOC in November 2016 to facilitate the Japan-India Institute for Manufacturing (JIM) and Japanese Endowed Courses (JEC) projects which aims to train 30,000 floor shop leaders and engineers to Japanese standards in the next 10 years. 22 JIMs and 8 JEC have been launched in India till date. India and Japan signed a MoC on TITP (Technical Intern Training Program) in October 2017 with National Skill Development Corporation (NSDC) as the implementing body for TITP.

The Memorandum of Cooperation (MoC) between India & Japan on a Basic Framework for Partnership for Proper Operation of System Pertaining to "Specified Skilled Worker" (SSW) was signed on 18 January 2021 which will further promote the movement of skilled workers from India to Japan in designated 73 operations in 14 specified industries fields / job categories and thus marks a further step to augment India-Japan collaboration in the area of skill development. In this regard, Japan Foundation Test for Basic Japanese (JFT-Basic), Nursing care skills evaluation test and Nursing care Japanese language evaluation test were held in January 2022, in Gurugram, India for the first time.

  1. India-Japan Textile Cooperation: A Memorandum of Understanding was signed between Textiles Committee, Ministry of Textiles, Government of India and M/s Nissenken Quality Evaluation Centre, Japan on January 27, 2021 to provide required support to textile’s trade and industry for ensuring quality as per the requirement of Japanese buyers through Testing, Inspection & Conformity Assessment, Training & Capacity Building, Research & Development (R&D) and Consultancy.
  1. Energy Dialogue: This dialogue was set up in December 2006 to promote cooperation in the energy sector in a comprehensive manner. The dialogue is chaired by Deputy Chairman of the Planning Commission from the Indian side (now chaired by the Minister of Power) and METI Minister on the Japanese side. Till date, ten rounds of the meetings have taken place. The 10th meeting of the Japan-India Energy Dialogue was held in Delhi on 10 December 2019. India-Japan Clean Energy Partnership (CEP) was launched in March 2022.
  1. Trade Fairs, Exhibitions and Seminars: The Embassy of India in Tokyo actively conduct seminars, B2B meetings and G2B meetings in Tokyo and other prefectures to promote the investment opportunities in India. A list of trade related events, BSM, Market expansion activities coordinated during FY2022-23 by the Embassy is as below:-
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan in association with M/s Fujilight Carpet Co. Ltd. and supported by Jute Corporation of India, Indian Commerce and Industry Association, Japan, Carpet Export Promotion Council (CEPC) and Indo-Japan Chamber of Commerce & Industry organized a two-day "Carpet and Handicraft Fair 2022" on April 14-15, 2022 at the Embassy of India.
  • As part of celebrations for India@75 and India-Japan@70, an ‘Incredible India Day’ was organized on May 1, 2022 by the Embassy of India, Japan in association with Biotopia, with support from Kanagawa Prefectural Government at Biotopia, Me-Byo Valley, Kanagawa Prefecture.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the “1st Session of the 2nd edition of series of Virtual Pitching by Indian Startups focusing on Energy Sector” on May 18, 2022 to provide Indian start ups a platform to pitch their innovations to Japanese investors and business corporations to explore investment and strategic business and technical collaboration.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan in association with Japan Tea Association organized the 226th Indian Tea Seminar called "Chai-Varta" at the multi-function room of the Embassy on May 19, 2022 to promote Indian tea in the Japanese market. The event highlighted various varieties of Indian teas such as Darjeeling Tea, Assam tea, Nilgiri tea, Kangra tea and Munnar tea.
  • The Embassy of India, Japan organized the “Hon’ble Prime Minister of India Shri Narendra Modi’s interaction with Business Leaders of Japan” on May 23, 2022 during his visit to Tokyo to attend the QUAD Leaders’ Meeting.
  • Ambassador delivered opening remarks at the inauguration of Indian IT Association of Japan (IITAJ) on June 9, 2022. IITAJ is to provide a common discussion platform for Indian IT companies in Japan and bring synergy among the members.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India jointly organized the “2nd Session of the 2nd edition of series of Virtual Pitching by Indian Startups” on June 16, 2022.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the “Third Session of the series of Virtual Pitching by Indian Startups” on July 14, 2022.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan in association with Japan Tea Association organized the 227th Indian Tea Seminar called "Chai-Varta" at the Embassy on July 15, 2022.
  • On July 20, 2022, Mr. Mayank Joshi, Deputy Chief of Mission, Embassy of India, Japan delivered opening remarks at the inauguration ceremony of the 10th India Trend Fair 2022 held in Tokyo from July 20-22, 2022.
  • As part of celebrations for India@75 and India-Japan@70, a Buyer-Seller meet was organized by the Embassy of India, Japan in association with APEDA on July 21, 2022 between M/s Diamond Star Corporation, Japan and Indian exporters to discuss the possibilities of trade/collaboration in fruits and vegetables sector.
  • Embassy of India supported the organization of the event "Action with India", organized by M/s Moonlink Inc., on July 25, 2022.
  • On August 1, 2022, “India-Japan: Action With India” Workshop was organized by M/s Moonlink Inc. in association with Embassy of India, Japan to share information among Japanese business executives about the business opportunities in India and business planning related to India for increased collaboration between Japanese and Indian businesses.
  • An “Action with India” business seminar was organized on August 4, 2022 by M/s Moonlink Inc. in association with Embassy of India, Japan showcasing the attractiveness of Indian market.
  • The Embassy of India, Japan facilitated the visit of delegation led by Dr. Murugesh R. Nirani, Hon’ble Minister of Large and Medium Industries, State Government of Karnataka to Japan from 6th - 10th August, 2022. The objective of the visit was to showcase Karnataka as an ideal destination for Japanese manufacturing companies and invite Japanese companies to attend the Global Capital Investors Meet (GIM) in Karnataka scheduled to be held during 2nd - 4th November, 2022.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the “Fourth Session of the series of Virtual Pitching by Indian Startups” on August 18, 2022. 6 Indian startups in Fintech Sector pitched about their technological offerings before the Japanese stakeholders.
  • On September 02, 2022 a seminar titled “Opportunities for Large Companies/SMEs in India - business and legal insights” was organized by the Embassy of India, Japan in association with Shardul Amarchand Mangaldas & Co. and Mori Hamada & Matsumoto. The objective of the event was to showcase India as an attractive investment/manufacturing destination and promote various incentives/policies of the Government of India.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the “Fifth Session of the second edition of series of Virtual Pitching by Indian Startups” on September 15, 2022 to provide Indian startups a platform to pitch their innovations to Japanese investors/business corporations and to explore investment, strategic, business and technical collaboration between Indian and Japanese companies and to promote India as the preferred innovation and investment destination.
  • As part of celebrations for India@75 and India-Japan@70, an online business seminar was organized by Indian IT Association of Japan (IITAJ) in association with Embassy of India, Japan and Deloitte Tohmatsu Consulting, Japan on September 20, 2022.
  • An “Investment Seminar” was jointly organized by Guidance Tamil Nadu, Embassy of India, Japan and JETRO on September 29, 2022 during the visit of delegation led by Mr. Thangam Thennarasu, Hon’ble Minister of Industries, State Government of Tamil Nadu to Japan from 28th September - 2nd October, 2022 to promote the investment opportunities in Tamil Nadu.
  • Bangalore Chamber of Commerce and Industry’s first international office in Japan was inaugurated on October 6, 2022 at the VCC auditorium of the Embassy of India.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the “Sixth Session of the second edition of series of Virtual Pitching by Indian Startups” on October 13th, 2022. 14 Indian startups in Health and Wellness sector pitched about their technological offerings before the Japanese stakeholders.
  • The Embassy facilitated the visit of Coir Board of India delegation led by Mr. D. Kuppuramu, Chairman, Coir Board , Mr. M. Krishna, Joint Director (Planning) and Mr. Bharat Prakash, Joint Development Commissioner, Ministry of MSME to participate at GARDEX – International Gardex Expo held from October 12-14, 2022 in Chiba Prefecture.
  • The Embassy of India, Japan facilitated the visit of 14-member CII Tamil Nadu Textile delegation to Japan from October 16-22, 2022 to explore bilateral business opportunities in textiles & clothing.
  • The Embassy of India, Japan in association with the Japan Tea Association (JTA), Tea Board of India organized the 228th Indian Tea Seminar called “Chai-Varta” on October 18, 2022 to promote Indian tea in Japan and increase collaboration among Indian and Japanese companies in Tea sector.
  • An Interaction with Japanese logistics and transportation companies was organized by Embassy of India, Japan in association with JETRO on October 17, 2022 during the visit of delegation led by Dr. S. K. Ahirwar, Joint Secretary (Logistics), DPIIT, Ministry of Commerce & Industry from 17th - 22nd October, 2022.
  • On October 19, 2022, one-to-one meetings between the delegation led by Dr. S. K. Ahirwar, Joint Secretary (Logistics), DPIIT, Ministry of Commerce & Industry and Japanese companies in logistics sector were organized by the Embassy.
  • The Embassy facilitated the visit of Council for Leather Exports (CLE) delegation to participate at Fashion World Tokyo Fair held from October 18, 20, 2022 at Tokyo Big Sight.
  • The Auto Components Manufacturers Association of India (ACMA) supported by Embassy of India, Japan organized the “Indo-Japan Partnership Seminar and Matchmaking Expo” on November 16, 2022 at Toranomon Hills Forum, Tokyo to create synergy for strategic partnerships and possibility of new ventures and collaboration for technology with Japanese automotive vehicle components manufacturers. Ambassador H.E. Mr. Sibi George delivered keynote address at the event.
  • The Embassy of India, Japan participated at “Messe Nagoya 2022” held from November 16-18, 2022 at Port Messe Nagoya, Aichi Prefecture. Mr. Abhishek Goel, Political and Commercial Officer made presentation at the “Indian Global Seminar” which was organized during the fair on November 18, 2022.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India (Invest India) jointly organized the ‘Seventh Session of the India-Japan Pitching Series’ on November 17, 2022 focusing on “Industry 4.0”. 6 Indian startups pitched about their technological offerings before the Japanese stakeholders.
  • The Kerala Startup Mission (KSUM) delegation in association with Embassy of India, Japan and JETRO organized the “India-Japan Pitching Event for Startups from Kerala” on November 28, 2022 at VCC auditorium of the Embassy to provide the visiting Indian startups a platform to pitch their innovations to Japanese investors and explore investment and strategic business and technical collaboration.
  • M/s Atsumi & Sakai in collaboration with M/s Smith, Gambrell & Russell LLP supported by Embassy of India, Japan organized a webinar on “Issues faced by a foreign party when undertaking M&A in Japan” on November 30, 2022.
  • The Confederation of Indian Industry (CII) in association with Embassy of India, Japan organized a Business Conference on “India-Japan@75: Realizing the ¥ 5 trillion Partnership in Next Five Years” on December 6, 2022 at VCC auditorium of the Embassy of India.
  • The Embassy of India, Japan in association with Shardul Amarchand Mangaldas & Co. and Mori Hamada & Matsumoto organized a seminar on “Opportunities in Indian Energy Sector; Overview of regulatory and dispute resolution aspects in India and the recent developments in Japan-India relations” on December 8, 2022 at VCC auditorium of the Embassy of India. The event showcased India as an attractive investment/manufacturing destination and promoted various incentives/policies of the Government of India.
  • The Embassy facilitated the visit of PLEXCONCIL delegation to participate at PLASTIC JAPAN 2022 held from December 7-9, 2022 at Makuhari Messe, Chiba Prefecture.
  • The Embassy of India, Japan facilitated the visit of Uttar Pradesh delegation led by Shri Jaiveer Singh, Hon’ble Minister for Technical Education and Shri Ashish Patel, Hon’ble Minister for Technical Education from December 13-18, 2022 to Japan. The delegation conducted  a Japan Roadshow to promote the “Uttar Pradesh Global investors’ Summit (UPGIS) 2023” scheduled to be held on 10th - 12th February, 2023 in Lucknow, Uttar Pradesh. Ambassador H.E. Mr. Sibi George delivered the opening remarks at the event.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan and Startup India jointly organized the “8th Session of the 2nd edition of series of Virtual Pitching by Indian Startups on Space Sector” on December 15, 2022.
  • On December 16, 2022, Ambassador H.E. Mr Sibi George launched the “Swagatam India” series of seminars focussed on tourism promotion to India.
  • On December 22, 2022, the Embassy of India, Japan organized an event to celebrate Goa Day. The event focussed on promotion of investments and tourism to the state of Goa.
  • The Embassy of India, Japan organized a seminar on “G20: Introduction to Theme, Priorities and Other Aspects of India's Presidency” on December 28, 2022.
  • A seminar on “Textile Industry in India – Collaborative Opportunities” was jointly organized by Japan India Industry Promotion Association (JIIPA), Wool & Woolens Export Promotion Council (WWEPC) and Powerloom & Export Promotion Council (PDEXCIL), supported by the Embassy of India, Japan on January 11, 2023 at Metropolitan Industrial Trade Center Hamamatsuchokan in Tokyo during the inaugural event of India Trend Fair, Tokyo 2023. Ambassador H.E. Mr. Sibi George delivered the inaugural address at the event.
  • On January 12, the Embassy of Indian, Japan, in association with MUFG Morgan Stanely, organized a hybrid interaction with Japanese institutional investors on economic opportunities in India.
  • A delegation from The Basic Chemicals, Cosmetics & Dyes Export Promotion Council (CHEMEXCIL) supported by Embassy of India, Japan organized a “Business Matchmaking Meet on Chemical Products” on January 16, 2023 at the Embassy premises to link Indian chemical companies with Japanese companies and to showcase Indian chemical products in Japan. Ambassador H.E. Mr. Sibi George inaugurated the event.
  • On January 18, 2023, “Swagatam India: A seminar on Buddhist Circuit” was organized by Embassy of India, Tokyo at the VCC auditorium of the Embassy to promote India tourism to Japanese stakeholders.
  • On January 18, 2023, the Embassy of India, Japan jointly with SBI Securities supported by Invest India organized a virtual interaction with Japanese institutional investors on “Economic opportunities in India with special focus on automotive and infrastructure development sectors”.
  • On the occasion of Uttar Pradesh Foundation Day, the Embassy of India, Japan organized a seminar on “Investment Opportunities and One Product One District Scheme in Uttar Pradesh” on January 24, 2023 at the VCC auditorium of the Embassy.
  • On January 27, 2023 the Embassy of India, Japan, in association with Yokohama India Center, organized an interaction in Yokohama on economic opportunities in India.
  • On January 30, 2023, the Embassy of India, Japan organized an event focussed on India’s G20 Presidency at the VCC auditorium of the Embassy to share the important developments and initiatives taking shape under India’s G20 Presidency.
  • On February 3, 2023, the Embassy organized a Special Interaction Meeting between Ambassador H. E. Mr. Sibi George and Japan India Business Cooperation Committee (JIBCC) delegation members visiting India.
  • The Embassy of India, Japan organized a seminar on “Union Budget 2023: Investment and Opportunities” on February 9, 2023 at the VCC auditorium to provide insights into the current economic climate as well as the latest information on the emerging business opportunities in India.
  • Ambassador H. E. Mr. Sibi George addressed a business seminar on “Investment Opportunities and Human Resource Potential in India” organized by the Embassy of India, Japan on February 10, 2023 in Niigata Prefecture.
  • As part of Swagatam India series on tourism promotion, the Embassy of India, Japan organized a Tourism Seminar showcasing World Heritage Sites in India on February 15, 2023 at the VCC auditorium of the Embassy.
  • Ambassador H. E. Mr. Sibi George addressed a seminar on “Business Opportunities in India” organized by Embassy of India, Japan on February 17, 2023 in Ibaraki Prefecture.
  • On February 20, 2023, the Embassy of India, Japan organized a G20 Seminar on “Business20 (B20)” to share the latest information on the activities & priorities of the Business 20 Engagement Group under India’s Presidency of the G20.
  • The Embassy of India, Japan organized an event “Harvesting the Potential: A Millet Celebration” to celebrate the International Year of Millets on February 22, 2023 at the VCC auditorium of the Embassy. The event showcased health benefits and role of millets in ensuring food security as also their culinary potential.
  • The Embassy of India, Japan organized a seminar on “Investment Opportunities and Tourism in the State of Rajasthan” on February 24, 2023 at the multifunction room of the   The objective of the event was to share the information on investment opportunities and tourism potential in the State of Rajasthan.
  • The Embassy of India, Japan facilitated the visit of delegation led by Mr. Anurag Jain, Secretary, DPIIT to Japan during February 26 – March 02, 2023 for the 5th meeting of the India-Japan Industrial Competitiveness Partnership. A “Make in India Investment Promotion Seminars” were also held in Tokyo and Osaka on 27th February, 2023 and 1st March, 2023. The delegation also met with several Japanese companies in Tokyo and Osaka and discussed the investment opportunities in India.
  • The Embassy of India, Japan in association with Deloitte, Japan and JETRO organized a seminar on “Indian Startup Ecosytem – Opportunities for Japanese CVCs” on March 1, 2023 at the VCC auditorium to showcase the Indian start-up ecosystem and to promote the investment opportunities for Japanese investors.
  • As part of celebrations for India@75 and India-Japan@70, the Embassy of India, Japan in association with Japan Tea Association organized the 229th Indian Tea Seminar called "Chai-Varta" at the Embassy on March 03, 2023 to promote Indian tea in the Japanese market. The event highlighted various varieties of Indian teas.
  • Ambassador H. E. Mr. Sibi George addressed a seminar on “Business Opportunities in India” organized by Embassy of India, Japan on March 3, 2023 in Hokkaido.
  • The Embassy of India, Japan participated in a business roundtable with the Japanese food processing companies organized on March 07, 2022 during the visit of delegation led by Mr. Preet Pal Singh, Joint Secretary, Ministry of Food Processing Industries, Government of India 06-10 March 2023.
  • The Embassy of India, Japan facilitated the visit of delegation led by Indian Trade Promotion Organization (ITPO) and Spices Board of India to participate at FOODEX Japan 2023 held from March 7-10, 2023 at Tokyo Big Sight. Ambassador H. E. Mr. Sibi George inaugurated the India Pavilion at the fair displaying a wide range of Indian food products.
  • The Embassy participated at the “Mye-Byo Festival” organized by M/s Brooks Co. Ltd. on March 21, 2023, supported by Embassy of India at Mye-byo Valley (BIOTOPIA), Kanagawa Prefecture. During the event, the Embassy organized exhibition of several Indian items such as Tea, Spices, Millet products, Ayurveda products, Indian handicrafts and display of Yoga.
  • The Embassy of India, Japan organized “Swagatam India: Tourism Seminar on the State of Gujarat with Special Focus on the Statue of Unity, Kevadia” on March 24, 2023 at VCC auditorium of the Embassy to promote investment and tourism opportunities in Gujarat.
  • The Embassy of India, Japan organized an event on “India’s G20 Presidency: Important Developments and Initiatives” on March 27, 2023 at VCC auditorium of the Embassy to showcase developments from recent meetings and key initiatives launched so far under India’s G20 Presidency.
  • The Embassy of India, Japan in association with Startup India and JETRO organized “Virtual Pitching by Indian Startups - 1st Session of the 3rd edition” on March 31, 2023 to provide Indian startups a platform to pitch their innovations to Japanese investors and business corporations to explore investment and strategic business and technical collaboration and place India as the preferred innovation and investment destination.
  • The Embassy of India, Japan organized an event on “Bihar Day: Seminar on Promotion of Promotion of Investment Opportunities and Tourism in the State of Bihar” on April 3, 2023 at the VCC auditorium of the Embassy.
  • The Embassy facilitated the visit of delegation led by Mr. Naveen Patnaik, Hon’ble Chief Minister of Odisha to Japan from April 4-11, 2023 to promote the investment opportunities in the State of Odisha. An “Odisha Business Meet” was also organized on April 9, 2023 at Hotel Okura, Tokyo.

April 2023