The importance of East Asia region is reflected in Government of India’s Act East policy that has made its relations with its East Asian neighbours a foreign policy priority. In economic terms, the region has Asia’s largest and most industrialized economies of China (GDP USD 11.2 trillion), Japan (GDP USD 4.9 trillion) and the Republic of Korea (GDP USD 1.4 trillion). The economic engagement with the region has been rising over the years with Japan being the 3rd largest investor in India with a cumulative investment of US$26 billion. We have witnessed high interest for investment in India from China in the last one year. Our trade and investment relations with Korea have also showcased a rising trend and we are now in the process of widening the scope of our trade agreement to further boost trade and investment.
The importance of East Asia region is reflected in Government of India’s Act East policy that has made its relations with its East Asian neighbours a foreign policy priority. In economic terms, the region has Asia’s largest and most industrialized economies of China (GDP USD 11.2 trillion), Japan (GDP USD 4.9 trillion) and the Republic of Korea (GDP USD 1.4 trillion). The economic engagement with the region has been rising over the years with Japan being the 3rd largest investor in India with a cumulative investment of US$26 billion. We have witnessed high interest for investment in India from China in the last one year. Our trade and investment relations with Korea have also showcased a rising trend and we are now in the process of widening the scope of our trade agreement to further boost trade and investment.
FICCI's Engagement
- FICCI attaches great importance to this region and implements trade and investment promotion initiatives through important institutional arrangements like CEOs Forum, Joint Business Councils (JBCs), BRICS Business Council.
- In close alignment with the Government’s focus, our knowledge work and policy advocacy is aimed at supplementing the Indian industry’s agenda and providing relevant inputs to Government.
- At the track two level, we engage with Japan through FICCI’s India-Japan Forum of Parliamentarians, Chaired by Shri Bhupender Yadav, Hon’ble MP.
- FICCI has also been awarded Japanese Foreign Minister’s Commendation for its exemplary work in promoting India-Japan bilateral relations
Timeline
Imperative to deepen cooperation between India-Japan as special strategic global partners: Former Prime Minister of Japan Yoshihide Suga
Meeting with Mr. Baushuan Ger, Representative, Taipei Economic and Cultural Center in India (TECC)
Next 3 decades are going to be India's growth story; structural & governance reforms have improved EoDB: Anurag Jain, DPIIT Secretary
2022 India -Taiwan Industrial Collaboration Summit
1st India Taiwan CEO's roundtable
India Pavilion at Preview in Seoul (PIS)
(Korea's premier textile exhibition)
India-Japan cooperation for Women Empowerment : Focus on Technical Intern Training Programme (TITP) and Specified Skill Workers Scheme (SSW)
Diplomacy unplugged with H.E. Mr Satosh Suzuki, Ambassador of Japan to India
45th Joint Meeting of India-Japan Business Cooperation Committee (IJBCC)
Govt committed towards comprehensive partnership with Korea in defence cooperation: Secretary Defence Production
India one of the most open FDI economies globally: Secretary, DPIIT
Production linked incentive scheme incentivising investment in globally comparable capacities: Dr Rajiv Kumar, Vice Chairman, NITI Aayog
Atmanirbhar Bharat is about manufacturing for the world, creating jobs & not a slogan in isolation: External Affairs Minister
Soft power is India's greatest asset in the 21st century: Shashi Tharoor
India- Japan Dialogue "Coping with Gujarat and Fukushima disasters: Reminiscences for Way Forward"
India-China should focus on strengthening trade facilitation - Counselor, Embassy of People's Republic of China
Indian Pavilion at 30th HKTDC Food Expo
Future of India-Japan relationship is AI, IoT, 5G: Japanese Ambassador
Special Lecture by H.E Mr. Kenji Hiramatsu, Ambassador of Japan to India on "Japanese Imperial Succession and India-Japan Relations in new Reiwa Era"
India Pavilion during Yarnexpo & Intertextile 2019 Shanghai
FICCI connects 300 Indian and Japanese businessmen during 43rd Joint India-Japan Committee Meeting
43rd India-Japan Business Cooperation Committee Meeting
Embassy of Japan and FICCI establish India-Japan Friendship Forum (IJFF) To foster cultural and people-to-people exchanges
Efforts on to reduce NTBs between India and Kazakhstan: Bidyut Behari Swain, Additional Secretary, Department of Commerce
Conferral of the Order of the Rising Sun, Gold and Silver Star, upon Mr Onkar S. Kanwar
Indian and Taiwanese firms sign MoUs to deepen industrial collaboration
3rd India-Japan Medical Products Regulatory Symposium "Pharmaceuticals & Medical Devices"
6 Working Groups formed to enhance trade and investments between the two countries
2nd India-Korea CEOs Forum Meeting
India actively pursuing setting up exclusive SEZs for Korean firms: Suresh Prabhu
FICCI leads Business Delegation to X International IT Forum, Russia
Prime Minister Narendra Modi's Russia Visit Will Help in Redefining Indo-Russian Relations:Mr. Rashesh Shah,President,FICCI
PM Narendra Modi and President Xi Jinping meeting crucial for the stability of world trade order
Japanese Ambassador foresees new projects in defence, connectivity, 'Make in India', environment protection and Japanese language in India
IJBCC Pitches for Sharp Acceleration in Japanese Investments to India Focus on affordable housing, Clean India projects and smart cities: Hardeep Singh Puri
Korea Expo 2017
FICCI will represent Indian industry at SCO Business Council
FICCI business delegation to Japan to explore collaboration in Skill Development and Vocational Education
CEOs highlighted the huge investment opportunities for Japanese companies in India
FICCI CEOs Mission to Japan accompanying Hon'ble Minister of Finance Shri Arun Jaitely
Harshavardhan Neotia to lead FICCI delegation accompanying Arun Jaitley to Tokyo
India and Japan to accelerate collaboration for medical products through Joint Regulators
Hong Kong Chief Executive sees huge scope for cooperation with India
Business Meeting with Mr C Y Leung, GBM, GBS, JP, The Chief Executive, Hong Kong Special Administrative Region, People's Republic of China
Japan-India Innovation Seminar in honour of H E Mr Shinzo Abe, Prime Minister of Japan
Make in India Pavilion at 19th China International Fair for Investment & Trade (CIFIT)
Looking forward to lay strong foundation with India: Chinese Assistant Minister of Culture
FICCI welcomes Path Breaking Defence Cooperation between India and South Korea
Kunqu Opera
Indian & Chinese companies sign MoUs for contracts worth US$ 3.43 billion
FICCI comments on Prime Minister Narendra Modi's visit to Japan & Tokyo Declaration for Japan-India Special Strategic and Global Partnership
To augment strategic and economic relations, 10,000 Japanese companies must be set up in India in the next 5 years: Amitabh Kant, DIPP Secy
Kyushu-India Investment Seminar
India Pavilion at SIAL China - Asia's no 1 food & beverage exhibition
India-Korea Economic Cooperation Forum, in honor of H.E President Park Geun-hye, President of the Republic of Korea
Lecture by Prof. Shozo Saegusa on "The survival of Japanese Monozukuri (Manufacturing):Comparison between Apple and Sony"
President FICCI at the Luncheon Meeting hosted by H E LEE Joon - gyu, Ambassador of Korea to India at his Residence
Business Meeting with Mr. Shih-Chao Cho, Vice Minister of Economic Affairs of Taiwan and accompanying Investment Mission
Lecture by Mr. Tadashi Okamura, Chairman, Japan Chamber of Commerce and Industry (JCCI) and Adviser to the Board, Toshiba Corporation On "India Japan Economic Partnership: The Way Forward"
Lecture by Mr Nishimiya, Dy Minister (Eco), Ministry of Foreign Affairs, Japan on G-20
FICCI Business Delegation to China