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PM prods Japan to buy India story

Tokyo, October 22: Prime Minister Manmohan Singh today provoked Japan to invest more in India and participate in its growth story. Today, Japan lags behind China considerably in terms of its bilateral trade with India. Korean companies such as Samsung, Hyundai and LG too have overtaken iconic Japanese brands to g ....Read more

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japan By: tonhyp4 | Thursday , 23 Oct '08 17:44:05 PM Reply | Forward Business does not care about race. I believe it is the infrastructure India is lacking. Is the electricity supply is not continuous, how can a factory function? Too many rules and less incentives from the government. Internal market is huge but poor buying power. US and the west do not opened up to India compared to China. The list can go on and on. However, Indians are hard working and smart and I believe they will catch up any time.

Why Japanese investors shun IndiaBy: Hiroo | Thursday , 23 Oct '08 4:09:30 AM Reply | Forward Japanese investors are less enthusiastic abount investing in India than the US, Chinese and Koreans because they still regard India as a third world market which is steeped in poverty and superstition. Also, Japan prefers to invest in countries where the population is racially oriental or caucasian. I used to work for Panasonic in Japan and this is what I learned from my experience in India.

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