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Dec 20, 2018 | Japanese firms and business establishments in India increase 5%

Read More>> NEW DELHI: The number of Japanese companies registered in India and business establishments operating in the country increased 5% in October from a year ago amid growing momentum in bilateral ties. 

According to Japanese government data, the number of Japanese companies registered in India increased to 1,441 from 1,369 and that of Japanese business establishments went up to 5,102 from 4,838 during the period. 

The numbers grew more in Haryana and Maharashtra than in other states, as per the data. Manufacturing sector accounted for half the companies and a third of the business establishments in India. 

There was a significant increase in the number of companies in sectors such as metal manufacturing as well as services, according to the Japanese government.