India, Japan Agree To Increase Bilateral Trade

The Indo Japan joint business forum met for the first time in the capital on Wednesday morning. More than 200 top companies are in Delhi from Japan to tap the huge potential offered by the Delhi Mumbai industrial corridor for which Japan has promised investment of $90 billion. The two sides decided to work on a joint report to increase bilateral trade now pegged at less than $7 billion. While the Indo Japan interaction created the right atmospherics there were some concerns from the Japanese. The visit of 200 top businessmen from Japan gave the right trigger to more economic cooperation between the two countries. But the two sides will have to work hard to remove the hurdles in the way of investment not just from Japan but from India also.