Meeting underscores Rajasthan-Japan economic ties
Rajasthan Chief Minister Bhajan Lal Sharma met with a Japanese delegation in Jaipur on Sunday to discuss industrial growth and investment, according to a state government release. The Chief Minister said that Rajasthan and Japan share a long-standing relationship.
Officials said the state government is preparing a detailed roadmap for the growth of gems, jewellery, and other industries. Special facilities have been developed within the designated Japanese Zone to ensure smooth and favourable infrastructure for Japanese companies.
During the meeting, Sharma urged the Jaipur Jewellery Association and the Yamanashi Jewellery Association to collaborate through technology and investment to advance the gem and jewellery trade, thereby expanding business and generating maximum employment opportunities.
Investment climate and mutual partnerships
Recalling his visit to Japan in 2024, the Chief Minister mentioned that Japanese companies had expressed gratitude after realising three to four times higher returns on their investments in Rajasthan. He added that the state government warmly invites Japanese investors to establish industries in the state.
The Japanese delegation's response was positive. Yuichi Higuchi, Mayor of Kofu City, Japan, praised the Rajasthan government's investor-friendly policies and available opportunities, noting that 180 Japanese companies are currently operating in Rajasthan. He also highlighted that jewellers from Jaipur and Kofu City are jointly carrying out jewellery business globally, with nearly 60 Jaipur-based companies operating in Kofu City.
The meeting also saw a warm exchange, as the Chief Minister and the Japanese delegation greeted each other with the phrase "Radhe-Radhe," reflecting cultural familiarity.
Key attendees
The meeting was attended by senior Japanese officials, including Kazuo Matsumoto, President of Koshin Company Limited; Chikara Yanagimoto, President of Create Takano Company Limited; Nakaba Shindo, Senior Advisor at The Yamanashi Chuo Bank Limited; Tadao Shimura, Vice President of Eigado Company Limited; and Shunichi Hagihara, Manager of the Kofu City International Relations Division Mayor Office.