Trade & Commerce: CEPA: The New Focus Sectors of Growth | Jitin Prasada | Indo-Japan Conclave
At a recent India Today event, discussions highlighted the evolving trade and technology partnership between India and Japan. The focus remained on leveraging India's massive
At a recent India Today event, discussions highlighted the evolving trade and technology partnership between India and Japan. The focus remained on leveraging India's massive scale, young skilled workforce, and growing market alongside Japan's advanced technological expertise in areas like robotics, artificial intelligence, and quantum computing. The dialogue emphasized the importance of moving beyond traditional trade agreements to foster active co-production and manufacturing collaborations, which are crucial for job creation.
Key government initiatives, such as the Jan Vishwas Bill, were highlighted as major steps toward ensuring the ease of doing business by reducing bureaucratic hurdles and regulatory compliance burdens. The conversation also addressed the need to overcome non-tariff barriers and streamline clearances for industrial corridors. Furthermore, the growing opportunities for micro, small, and medium enterprises to access global markets were underscored. Ultimately, the strategic synergy between the two nations is viewed as a vital component in achieving the long-term vision of transforming India into a fully developed nation by the year twenty forty-seven.
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