Sunday, September 29, 2024
Blog/Opinion

India should invite Japan industries

It refers to Nissan Motors (Japan) shifting a major part of its operations in United States after unfortunate destructions in earth-quake and tsunami in Japan. It is likely that Japan being global market-leader for many products especially including cars, electronic and electrical equipments, may have to shift operation of its many manufacturing units to other countries. Indian government should offer friendly invitation with open-hearted incentives to Japan industries to shift much of their operations in India. India having much lower labour and other manufacturing costs in comparison to other countries like US, has yet another advantage of being world?s second-largest consumer-base that too in a free economical environment.

Indian manufacturers should also likewise try for collaboration with Japan industries to benefit from expertise of hard-working Japanese culture.

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