Sri City Delegation Meets Japanese Government and Trade Leaders to Enhance Business Ties

Sri City, February 3, 2024: Sri City, a renowned Integrated Business City in India, has initiated a proactive marketing initiative, with its marketing team currently touring Japan. In addition to participating in the Automotive World Expo, the team has held meetings with the Ambassador of India to Japan and senior officials from the Japanese government and industry.

Accompanied by Mr. R. Veera Reddy, Advisor to the Government of Andhra Pradesh on Industries, Infrastructure & Investment, and Mr. Masanori Nakano, Former Ambassador of Japan to Jamaica and Advisor to Sri City, Mr. R. Shivashankar, Senior Vice President (Marketing), and Mr. Gopi Krishna, Dy. General Manager (Marketing) met with Mr. Sibi George, Ambassador of India to Japan. During the conversation, they provided an update on the state’s industrial growth, emphasising Sri City’s achievement in attracting over 210 firms from 28 nations, including 30 from Japan, making it India’s second-largest Japanese Industrial Township (JIT). The Ambassador commended Sri City’s swift progress and its position as a premier investment destination, acknowledging the proactive industrial policies of the Andhra Pradesh government.

Sri City officials also engaged with senior representatives from the Japan External Trade Organisation (JETRO) and the Ministry of Economy, Trade, and Industry (METI). Discussions centered around ongoing developments at JIT, the status of the collaborative Japan-India Institute for Manufacturing (JIM) in Sri City, and potential areas of cooperation. Substantive connections were established through interactions with representatives from prominent organisations such as SMBC Bank, Mizuho Bank, and the Japan Chamber of Commerce, exploring possibilities for collaboration.

Dr. Ravindra Sannareddy, Founder Managing Director of Sri City, expressed confidence in the outcomes of these efforts, stating, “We are optimistic that our endeavours will lead to further collaborations, contributing to the sustained growth of Sri City as a premier industrial hub, with strong support from Japanese investors, JETRO, and METI.”