Japanese firms make a beeline for India eyeing long-term growth

Japanese firms make a beeline for India eyeing long-term growth Janaki Krishnan K Ram Kumar Mumbai India has become an attractive market for Japanese companies and institutions as mergers and acquisition targets, as it offers better long-term value creation and growth prospects compared to Japan which is facing an ageing and shrinking population. There have been several large deals this year involving Japanese financial services institutions and others. Several Sectors in addition to India’s growth credentials “there are several sectors in India such as manufacturing and industrials including automotive, transportation and logistics, renewable energy, climate change, technology, consumer durables, services, where there are Government incentives and policies that encourage foreign investments,” said Trisheet Chatterjee, Partner, JSA Advocates & Solicitors. “The Japanese also find strong intellectual capital in the Indian workforce that can be efficiently utilised by them instead of sending expatriates to India in huge numbers,” Chatterjee added. Read more