Japan to invest USD 3 Billion in India


New Delhi, April 30: Japan will invest USD 3 billion in India to develop infrastructure and manufacturing sector, told Japanese Minister of Economy, Trade and industry Yoichi Miyazawa at a meeting with Prime Minister Narendra Modi today.

During the discussion, Miyazawa proposed a new joint working group between the ministry of external affairs of India and Ministry of Economy, Trade and Industry of Japan on the civil nuclear energy cooperation.

Japan minister also expressed his interest to develop high speed train in India. He lauded India for rescue and relief operation in Nepal, which was devastated by a series of earthquakes killing more than 5000 people.

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