News
The Ministry of Economy, Trade and Industry (METI) of Japan met with a delegation from India middle this month for a fourth logistics meeting convened in accordance with the industrial competitiveness partnership between the nations. It was the first time they had met in person.
Japan and India exchanged views on the enhancement of India's industrial competitiveness through logistics improvements. Japan introduced its comprehensive logistics policy outline, physical internet roadmap, policies for and knowledge on container shortages and logistics cooperation with India. Japanese private enterprises that have made inroads into India, including members of the Japan Chamber of Commerce and Industry in India (JCCII), indicated that they hope logistics challenges will be resolved. Meanwhile, the delegation from New Delhi explained the efforts that the country is making to reinforce logistics infrastructure under the national masterplan for multi-modal connectivity, also known as PM Gati Shakti, a national infrastructure plan announced by Prime Minister Narendra Modi, and national logistics policies. The delegation also said there are opportunities in which Japanese companies make investments. Japan and India confirmed they will enhance their partnerships in logistics in India in the future.