Bhajan Lal Sharma helms roadshow in Tokyo, Japan ahead of ‘Rising Rajasthan’ Global Investment Summit 2024

Tokyo: After the productive leg of investors’ meet in South Korea, Rajasthan Chief Minister Bhajan Lal Sharma successfully helmed the investors’ meet in the Japanese capital city Tokyo today. The Japan visit comes in view of the Chief Minister-led high-level delegation of Government of Rajasthan touring key international and national commercial centers to roll the red carpet for investors and invite them to the ‘Rising Rajasthan’ Global Investment Summit 2024, which is scheduled to be held in Jaipur later this year. 

Inviting the Japanese investors community and entrepreneurs for making investments in Rajasthan and strengthening of the existing relations, Chief Minister Sharma said, “The flourishing Neemrana Japanese Investment Zone in Rajasthan, where over 48 Japanese firms have invested over USD 8.34 billion and generated over 26000 jobs is a living example of our commitment to ‘ease of doing business’. Inspired from its success, the government is developing the second Japanese Investment Zone in the state. We are looking forward to not just investments, but a lasting and long-term partnership with Japan.”

During the investors’ meet at Tokyo, Principal Secretary of Industries Department Ajitabh Sharma gave a presentation to the Japanese investors showcasing the investment opportunities in Rajasthan in the thrust sectors and spoke about the new policies and overhauling of governance system of the state. 

Besides, Neemrana Day celebrations were also held to mark the partnership between the Japanese business community and state of Rajasthan. Neemrana is an exclusive Japanese Investment Zone in Rajasthan’s Alwar district that hosts a number of Japanese companies and has emerged as a successful model of country-specific exclusive investment zone. Government of Rajasthan is also setting up a second Japanese Investment Zone at Ghiloth, which is 20 kms from Neemrana in the state for facilitating further investments from the East Asian country. 

A film showcasing Rajasthan’s tourism landscape was also played at the investors’ meet to the resounding applause of the Japanese investors, impressing upon them the vast potential in the state’s tourism sector. 

Addressing the investors’ meet, Amb. Sibi George, India’s Ambassador to Japan, said, “Rajasthan is emerging as one of the most investor-friendly and business-fostering industrial states. Cutting regulatory red-tape and simplifying the business regulatory regime are key areas that the state has been working towards. I urge the investors’ community and business groups to visit the ‘Rising Rajasthan’ Global Investment Summit 2024 which will provide an ideal platform for exploring new business ventures in the state.”

The Chief Minister-led high-level delegation of Government of Rajasthan also hosted a select number of CEOs and Business Leaders at a luncheon in Tokyo, inviting them to set-up their businesses in Rajasthan. The Japanese business leaders were led by Takeshi Mizutani, Vice President, Kai Group, Daisuke Yamashita, President & CEO, Yamashita Rubber, Yasuhiro Hiraoka, President & CEO, E&H Precision India, and Nobuyuki Ako, CSO, Takahata Precision. 

During his interaction at the luncheon, Chief Minister Sharma said, “The state government is committed to solving investors' issues and making the business environment positive. We would especially like to strengthen business relations with the Japanese investors. Rajasthan has immense scope of investment in the fields of Automobile, Engineering, Textiles, Electronics System Design and Manufacturing (ESDM), Renewable Energy, Tourism etc. The government has undertaken a major administrative overhaul and is also going to launch several new policies to make the state more business friendly.”    

Moreover, the CM-led delegation also held one-on-one interaction with several Japanese companies, including that of JETRO, Kai Group, Nippon Steel Trading, Hitachi, Yamashita Rubber, E&H Precision, Takahata Precision etc. Hon’ble Chief Minister welcomed them to make investment in the state and strengthen the relationships between Japan and Rajasthan. 

The Chief Minister also met a large number of members from the non-resident Rajasthani (NRR) community, who are currently thriving in Japan, but have their roots in Rajasthan. He exhorted the community members to play the role of Rajasthan’s ambassador in Japan and help facilitate investment in their home-state. In the latter part of the day, the CM-led delegation was hosted on dinner by Amb. George, India’s Ambassador to Japan at the India House in Tokyo.

The CM-led delegation that is touring Japan consists of Prem Chand Bairwa, Deputy Chief Minister, Government of Rajasthan, Shikhar Agarwal, Additional Chief Secretary to Chief Minister, Ajitabh Sharma, Principal Secretary, Industries and Commerce, and other top officials from RIICO and BIP. The Tokyo event was organized with the help of Indian Embassy in Japan and Japan External Trade Organisation (JETRO). 

About the ‘Rising Rajasthan’ Global Investment Summit 2024:

The Government of Rajasthan, led by Hon’ble Chief Minister Bhajan Lal Sharma, will be hosting the ‘Rising Rajasthan’ Global Investment Summit 2024 on 9th, 10th, and 11th December 2024 in the capital, Jaipur. The 3-day mega summit, which aims to attract and facilitate global investment, innovation, and partnerships in the state, is organized with the support of the Industry and Commerce Department, Bureau of Investment Promotion (BIP), and RIICO, with BIP serving as the nodal department for this summit. During the summit, special plenary sessions will be organised on different focus sectors, including Agriculture, Renewable, Education and Skilling, Auto and EV, Infrastructure, Chemical and Petro-chemical, Tourism, Startups, Mining and ESDM/IT and ITeS and others.