Finance Minister Arun Jaitley, who has arrived in Japan for a 6-day tour, said one of priorities include attracting investors to take India growth story forward. "We already have over a thousand Japanese companies which have invested in India. Prime Minister Abe seeks to double it and therefore, I would be meeting individually as well as collectivelly, a large number of investors," Jaitley said.
Japanese conglomerate SoftBank and other investors hinted at investing in India's "infrastructure growth story". After a meeting, SoftBank Group CEO Masayoshi Son said he is interested in Internet companies as well as solar energy sector, where he has already announced $20 billion investment through a joint venture. "There are people who want to participate in infrastructure growth story. For example, at the SoftBank meeting, they are looking at one of the biggest investments in solar power already. They have made considerable headway and have identified the location and it will probably be one of the largest investments in those areas," Jaitley said.
The telecom and internet giant has made a lot of tech investments in India, amounting up to $2 billion in the past two years. It now looks forward to accelerating the pace of investments in the future. "India has a great future... We are interested in investing for Internet companies, also for solar energy. We would make a strong commitment," Son said.
