Sri City holds talk with Japanese govt to step up business ties
The discussions emphasised on Sri City’s achievement in attracting over 210 firms from 28 nations, including 30 from Japan, making it India’s 2nd largest Japanese Industrial Township
image for illustrative purpose
Hyderabad: Sri City, an Integrated Business City in India said it has initiated a marketing initiative to attract Japanese investors to set up businesses at Sri City. For this, the marketing team of Sri City is currently touring Japan. In addition to participating in the Automotive World Expo, the team has held meetings with the Ambassador of India to Japan and senior officials from the Japanese government and industry. Accompanied by R Veera Reddy, Advisor to the Government of Andhra Pradesh on Industries, and Masanori Nakano, Former Ambassador of Japan to Jamaica and Advisor to Sri City, R Shivashankar, Senior vice president (Marketing), and Gopi Krishna, Dy General Manager (Marketing) met with Sibi George, Ambassador of India to Japan.
A Sri City press release said that during the conversation, the officials provided an update on the State’s industrial growth, emphasising on Sri City’s achievement in attracting over 210 firms from 28 nations, including 30 from Japan, making it India’s second-largest Japanese Industrial Township (JIT). The Ambassador commended Sri City’s progress and its position as a premier investment destination, acknowledging the industrial policies of the Andhra Pradesh government, the release said.
Sri City officials also engaged with senior representatives from the Japan External Trade Organisation (JETRO) and the Ministry of Economy, Trade, and Industry (METI). Discussions centered around ongoing developments at JIT, the status of the collaborative Japan-India Institute for Manufacturing (JIM) in Sri City, and potential areas of cooperation. Substantive connections were established through interactions with representatives from prominent organisations such as SMBC Bank, Mizuho Bank, and the Japan Chamber of Commerce, exploring possibilities for collaboration.
Dr Ravindra Sannareddy, Founder Managing Director of Sri City, expressed confidence in the outcomes of these efforts, stating, “We are optimistic that our endeavours will lead to further collaborations, contributing to the sustained growth of Sri City as a premier industrial hub, with strong support from Japanese investors, JETRO, and METI.”
