Japanese Business Delegation, headed by Osaka Chamber of Commerce and JETRO explores Sri City

Sri City, October 19, 2023: A distinguished group of 23 Japanese business representatives, led jointly by Mr. Murahashi Yasuyuki, Director General of the Japan External Trade Organisation (JETRO) in Osaka, and Mr. Tomita Minoru, Chairman of the International Business Committee at the Osaka Chamber of Commerce and Industry (OCCI) and Executive Officer of Marubeni Corporation, paid a visit to Sri City on Thursday. Mr. Satish Kamat, President (Operations), Sri City extended a warm welcome. Mr. Bodgan George, Asst., Vice President (Business Development), delivered an elaborate presentation on the top-notch infrastructure and rapid development of the extensive industrial hub, emphasising the benefits of establishing manufacturing units in Sri City.

In his welcome address, Dr. Ravindra Sannareddy, Founder Managing Director, Sri City stated, “We are delighted to engage with the distinguished representatives from Japan and the high-ranking executives of JETRO and OCCI. The conducive business atmosphere here, coupled with exceptional infrastructure, a skilled workforce, and governmental support, would undoubtedly leave a strong impression and lead to increased investments in Sri City, which is recognised as the second largest Japanese Industrial Township in the country.” There is an ecosystem in place that encourages supply chain firms to establish their facilities here, assisting the Japanese OEMs, he added

Mr. Tomita Minoru expressed satisfaction with the available infrastructure and the advantageous location, stating that they were all impressed by Sri City’s potential. Mr. Murahashi Yasuyuki, pleased with the rapid development of Sri City, referred to it as one of the best industrial parks in the country.

The delegation included members from prominent business houses in different sectors, including Engineering, Electrical/Electronics, Auto ancillary, Technical Textiles, etc., The purpose of the visit was to personally observe and understand the industrial park, evaluate its business prospects, and explore the feasibility of establishing industries. During the briefing session, they showed great interest and inquired about various aspects of Sri City. Subsequently, the delegation had a glimpse of the industrial zone, visited the plant of Kobelco Construction Pvt., Ltd., They had an interactive meeting with the CEOs of all the Sri City based Japanese Enterprises.

JETRO actively supports the expansion of Japanese companies beyond Japan. Mr. Hideki Asaba, Senior Investment Advisor, and Mr. Shota Hamasaki, Director of JETRO Chennai, coordinated the visit. The delegation comprised CEOs and senior executives from leading Japanese industries and business enterprises, along with several senior officials from the JETRO Secretariat in Osaka.