In addition, the Japanese business establishments rose by 14 percent.
During 2013, India had 2,503 Japanese business establishments. By October 2015, it grew to 4, 417.
Japan offered to finance India’s first bullet train IndianExpress
Haryana has topped as the state which houses the maximum number of Japanese firms.
They are 305 firms in the state followed by Maharashtra (203), Tamil Nadu (192), Karnataka (190) and Delhi (145).
It is believed that the increase has been largely due to Prime Minister Narendra Modi’s diplomacy.
In 2014, Modi visited Japan and has stressed that Japan is a key partner in Make in India Initiative”—a programme aimed at boosting India’s manufacturing sector.
Prime Minister Narendra Modi along with Japan’s Prime Minister Shinzo Abe HT
There are approximately 3,250-odd foreign firms operating in India.
After PM Modi stormed into power, multinationals like U.K. liquor company Diageo, French energy company GDF SUEZ ; pharmaceutical giant GlaxoSmithKline; Sweden’s IKEA; Singapore Airlines; U.K. retailer Tesco; and Unilever, have promised to make long-term investments in the country.
Starbucks, a joint venture with Tata Group, made venture in Indian market CNN