India Opens Doors 24/7 for Japanese Investment

Commerce and Industry Minister Piyush Goyal extended a cordial invitation to Japanese companies to invest in India, enhance localization, and establish innovation centers, stating "our doors are open 24X7." Addressing Japanese business representatives, Goyal highlighted India's rapid economic growth and its openness to international partnerships through free trade agreements.

He encouraged Japanese firms to deepen their local presence to improve cost competitiveness and suggested setting up more research and development, innovation centers, and global capability centers. Goyal also proposed engineering partnerships with Indian academic institutions, offering government support for innovation funding. This move aims to leverage India's talent and large market for manufacturing and global services.

Japan ranks as the fifth-largest investor in India, having provided USD 48.14 billion in foreign direct investment from April 2000 to March 2026, accounting for 6% of India's total FDI during that period. Minister Goyal is leading a significant business delegation to Japan to further bolster trade and investment relations, aligning with Japan's recent investment target of 10 trillion yen in India over the next decade.