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Modi invites Japan to invest in Gujarat

On his visit to Japan, Gujarat Chief Minister Narendra Modi has invited Japanese companies to invest in the state’s ‘Go Green’ project, reports Indian Express. Modi is in the course of meeting several industry and political leaders in Japan.

Speaking about the ‘Go Green’ project, Modi stated that one of its parts is the generation of 5,000MW of solar power by setting up solar panels on the 4,000km-long Narmada Canal in Ahmedabad.

Apart from this, there are plans to set up Asia’s largest desalination plant in the town of Dholera, which will help recycle seawater to make it fit for consumption in industries.

Modi also spoke of Gujarat’s plans to harness wind and solar power for development.

"The state is preparing hazard-free shipbuilding and ship-breaking infrastructure, a gas grid, and broadband connectivity as part of NextGen development," he stated.

In his meeting with Katsuya Okada, the Deputy Prime Minister of Japan, he discussed ways to strengthen the ties between Gujarat and Japan. Modi apprised Okada of the various projects undertaken in Gujarat in the fields of solar, wind and renewable energy, as well as the creation of the Dholera Special Investment Region (SIR) and the development of a circuit for Buddhist tourism.

Modi stated that Japan’s experience and technology and Gujarat’s entrepreneurial skills and talented manpower could form a powerful alliance, and make India and Japan two of the most powerful economies of the 21st century.

Modi also spoke of the fact that India and Japan, besides a relationship of trade, also share Buddhist influences. “If the government and the people of Japan partner in the making of a majestic Buddha temple in Gujarat on the site where Buddhist relics have been found, it will further develop the cultural ties between two countries,” he stated.

He stressed the various advantages that the state of Gujarat has over others: political stability, harmonious labour relations and industrial peace, policy-based reforms, speedy and periodic implementation of policies, no power cuts as well as transparent governance. Modi invited industry and political leaders from Japan to attend the Vibrant Gujarat Global Investors’ Summit (VGGIS) on January 11, 12 and 13, 2013.

He stated that representatives from nearly 100 countries across the world will be present at the Summit, and that it would help in enhancing industrial, commercial and economic relations between India and Japan.

Source: The Indian Express