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Commerce Minister Piyush Goyal Asks Japanese Companies to Deepen Localisation in India

Summary by Times of India
Commerce and Industry Minister Piyush Goyal has urged Japanese auto and capital goods companies to increase localisation, set up R&D and Global Capability Centres (GCCs), and build new manufacturing capacity in India to use the country as a base for global exports.

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The economic and technological partnership between India and Japan is steadily strengthening. Many Japanese companies are preparing to make major investments in India. Commerce and Industry Minister Piyush Goyal has urged Japanese companies to increase their investments in India. Japan is focusing on bringing approximately ₹60,000 crore worth of investments to India over the next few years. Japanese companies are particularly interested in the p…

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aninews.in broke the news in India on Monday, August 24, 2026.
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