Embassy of India, Tokyo NEWSLETTER April 2018 Index Ambassador HE Sujan R. Chinoy’s meetings 3 7th Joint Working Committee of MAHSR 4 Hanami Lunch Receptions hosted by Ambassador of India 4 Book launch of Japanese edition of "Gandhi's Outstanding Leadership" by former Ambassador of 4 India Pascal Alan Nazareth Visit of State Minister for Foreign Affairs to India 4 Visit of Vice Minister (Environment) to India 5 Exhibition: Khadi: The Fabric of India's Tomorrow - Homage to Martand Singh” 5 2nd Bengaluru Tokyo Technology Initiative 5 Seminar on “Cross Border Transactions – Dispute Resolution in India” 5 Inauguration of Pharmexcil’s India Pavillion at CPhl Japan 5 FIEO’s India Pavilion at IFF Magic Tokyo, Japan Fashion 5 1 Familiarization visit by Mr Hakubun Shimomura and his supporters and business figures 6 Bid document for the project for the construction of the International Cooperation and Convention 6 Centre in Varanasi Visit of Mr. Akhil Agrawal, Director General (S&T), Ministry of Railways 6 Seminar on Business Opportunities for Japanese Firms in India's Railway Sector 6 30 Indian High School students visited under SAKURA Exchange Program in Science 7 Ambedkar Jayanti 7 Familiarisation visit by students from Ryogoku Junior High School 7 Yoga Meditation by HH Sri Sri Ravi Shankar 7 Public yoga session in Kitanomaru Park 7 Services sector in India 8 Madhya Pradesh – a popular tourist destination in India 11 State Profile: Haryana 19 Trade Fairs & Business Exhibitions in India in May – July 2018 21 Trade Queries from India 23 Photo Gallery 29 “Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.” - B. R. Ambedkar 2 Ambassador HE Sujan R. Chinoy’s meetings Ambassador HE Sujan R. Chinoy’s met the following: Member of the Diet Mr Yasutaka Nakasone and exchanged views on the scope and potential of India-Japan Relations. Mr Yasutaka shared keenness to contribute to growing bilateral ties across the spectrum & promote exchange of young parliamentarians. (9 April) Member of the Diet Ms. Karen Makishima and exchanged views on India-Japan relations including high-level visits, burgeoning economic ties, defense & space cooperation, yoga and parliamentary exchanges. (9 April) Senior representatives of Sumitomo Forestry at the Embassy, including Chairman of its Management Board, Mr. Ryu Yano, and they discussed the company's business operations and future roadmap in India. (11 April) A 17-member business delegation from Gujarat Chambers of Commerce & Industry (GCCI) and they had fruitful discussion on SME support, Chemicals & Pharmaceutical sectors, and semiconductors. The Embassy also organized business-matching meetings for the delegation. (11 April) Member of the Diet and former METI Minister Ms. Yuko Obuchi and they exchanged views on India-Japan cooperation in diverse fields. (13 April) Mr. Anupam Srivastava, CMD, BSNL during his visit to Tokyo to sign a new partnership agreement with NTT Japan and other cooperation projects. (13 April) Mr. Sanjeeva Kumar, Additional Secretary (Health), MoHFW, GoI in Tokyo. Mr. Kumar participated at Global Summit on Patient Safety 2018 which was held in Tokyo. Mr. Kumar accompanied by Embassy officials also met Mr. Hiroto Izumi, Special Advisor to PM Abe to discuss India-Japan health cooperation under Japan’s Asia Health and Wellbeing Initiative (AHWIN). (13-14 April) A 15 member delegation of Young Presidents Organization at the Embassy and addressed them on India-Japan bilateral relations and the potential areas of further cooperation – disaster risk reduction, healthcare, digital partnership and infrastructure. Ambassador also emphasized on Embassy’s role in active outreach to both Indian and Japanese companies for facilitating further economic activity. (16 April) Member of Parliament and Special Advisor to PM Mr. Kentaro Sonoura who had recently attended the Raisina Dialogue 2018 and they exchanged views on promoting the India-Japan Special Strategic and Global Partnership. (23 April) Chairman and CEO of Minebea Mitsumi Corp., a market leader in high precision machinery that intends to scale up investments in India. They discussed opportunities in smart cities, aerospace, electronics, artificial intelligence and automotives. (23 April) 3 Deputy Chief Cabinet Secretary & Deputy NSA Mr. Nobukatsu Kanehara and other officials from the National Security Secretariat and they exchanged views on promoting the India-Japan partnership. (24 April) Mr Keshav Chandra, Joint Secretary in Logistics division of Ministry of Commerce, India and they exchanged views on engagement with diverse players in Japan’s logistics sector and discussed the scope of strengthening bilateral cooperation. (25 April) Member of Parliament Mr. Kiyoto Tsuji and they discussed ways to promote India and Japan’s Special Strategic and Global Partnership on the basis of shared values. (26 April) 7th Joint Working Committee of MAHSR A delegation led by Vice Chairman Niti Ayog Hon’ble Mr. Rajiv Kumar for the 7th Joint Committee Meeting of the MAHSR visited Tokyo from 1-4 April. Apart from the Joint Committee meeting with the Japanese counterparts on MAHSR, Mr. Rajiv Kumar had a working lunch with Dr. Hiroto Izumi, Special Advisor to the PM and met Mr. Tadashi Maeda, CEO and Executive Marketing Director JBIC; JICA President Shinichi Kitaoka; METI Vice-Minister for International Affairs Mr. Tadao Yanase; Mr. Tatsuya Terazawa, Director-General, Commerce and Information Policy Bureau, METI; Nippon Foundation Chairman Mr. Yohei Sasakawa; and Mr. Kazamusa Iwata, President, Japan Center for Economic Research. VC Rajiv Kumar was also hosted for dinner by Professor Masafumi Shukuri, Chairman, International High Speed Rail Association. Hanami Lunch Receptions hosted by Ambassador of India Ambassador H.E. Sujan R. Chinoy hosted three Hanami Lunch Receptions on April 3, 4 and 6, which were attended by FM Kono; Vice Chairman, Niti Ayog Rajiv Kumar; Chairman of the Japan-India Parliamentarians Friendship League Hiroyuki Hosoda; Chief Representative of Komeito Party Natsuo Yamaguchi; several Members of Parliament; Vice-Ministers; members of the Diplomatic Corps; Officials from Government of Japan & Japanese Business and Scientific Community. Book launch of Japanese edition of "Gandhi's Outstanding Leadership" by former Ambassador of India Pascal Alan Nazareth HIH Princess Takamado and Ambassador HE Sujan R. Chinoy released the Japanese edition (its 20th foreign edition) of "Gandhi's Outstanding Leadership" by former Ambassador of India Pascal Alan Nazareth at a well-attended event at Indian Embassy on 6 April, 2018. Visit of State Minister for Foreign Affairs to India State Minister for Foreign Affairs, Government of Japan H.E. Kazuyuki Nakane attended the 16th International Energy Forum Ministerial Meeting (IEF16) in New Delhi on 11 April, 2018 and stated Japan’s efforts to improve energy access worldwide. 4 Visit of Vice Minister (Environment) to India A large delegation of Japanese companies dealing in waste-to-energy technologies led by Mr Yasuo Takahashi, Vice Minister (Environment), Government of Japan met H.E. Hardeep Singh Puri, Minister of Housing & Urban Affairs on 13 April 2018 and made presentations on adapting technologies for scientific disposal of solid waste. Exhibition: “Khadi: The Fabric of India's Tomorrow - Homage to Martand Singh” Ambassador H.E. Sujan R. Chinoy attended an exhibition titled "Khadi: The Fabric of India's Tomorrow - Homage to Martand Singh” at the prestigious 21_21 DESIGN SIGHT Gallery on 17 April, 2018. The acclaimed Japanese fashion house Issey Miyake has been engaging in collaborations with late Martand Singh since the 1980s, producing a series of clothes referred to as "a dialogue with Indian culture". The exhibition, which will run until 13 May 2018, introduces Khadi as a medium that faithfully expresses the hand of its weavers and the underlying ideas, along with footages filmed on-site in India of the people who formed the backbone of Martand Singh's activities. 2nd Bengaluru Tokyo Technology Initiative Ambassador H.E. Sujan R. Chinoy gave a keynote speech at the 2nd Bengaluru Tokyo Technology Initiative on 20 April which was attended by 200 participants from 90 Japanese companies, officials, scholars and others wherein he spoke about digital partnership between India and Japan. The event also held panel discussions on India - Japan collaboration in IT, technology and innovation. The Indian Embassy, METI and MOFA, along with 21 startups and 8 Venture capitalists from India participated in the event. Seminar on “Cross Border Transactions – Dispute Resolution in India” Ambassador H.E. Sujan R. Chinoy delivered the keynote address at the Seminar on “Cross Border Transactions – Dispute Resolution in India” on 25 April 2018 organised by the Mumbai Centre for International Arbitration, Trilegal and FTI consulting for spreading awareness on arbitration and dispute resolution in India. He underscored that this type of seminar creates awareness about enabling environment for Japanese businesses in India which adds confidence and efficiency in their operations. Inauguration of Pharmexcil’s India Pavillion at CPhl Japan Mr. Raj Srivastava, Deputy Chief of Mission visited and inaugurated Pharmexcil’s India Pavillion at CPhl Japan at the Tokyo Big Sight on 18 April 2018. The event saw participation of 60 companies in the healthcare domain from India. FIEO’s India Pavilion at IFF Magic Tokyo, Japan Fashion Mr. Raj Srivastava, Deputy Chief of Mission visited FIEO’s India Pavilion at IFF Magic Tokyo, Japan Fashion at the Tokyo Big Sight on 25 April 2018. They interacted with the participating 11 Indian companies. 5 Familiarization visit by Mr Hakubun Shimomura and his supporters and business figures HE Hakubun Shimomura, Member of the House of Representatives led a familiarization visit by his supporters and business figures to the Embassy of India on 2 April 2018. HE Hakubun Shimomura is the Chairman of the Parliamentary League for Promotion of Yoga. After some words to mark the occasion from HE Mr Shimomura, Ms Muanpuii Saiawi, Counsellor (IEC) gave a lecture introducing India and the numerous cultural ties between India and Japan. This was followed by a lecture by Mr Naveen Kumar Ramakrishna, Second Secretary (Pol-II) on India-Japan bilateral relations. Bid document for the project for the construction of the International Cooperation and Convention Centre in Varanasi The Bid document for the project for the construction of the International Cooperation and Convention Centre in Varanasi was signed on 6 April 2018 at the office of OC Global located in Tokyo Opera City Tower building by Project Director Shri R.P. Singh, in the presence of Shri Bhagirathi Behera, First Secretary (Eco) from the Indian Embassy along with other members including DG of CPWD, Shri Abhai Sinha and Shri Sumit Gakhar, Under Secretary from the Ministry of Urban Development, Government of India. The opening of the tender has been fixed for 7 June, 2018. The project is being implemented under the grant extended by Japan International Cooperation Agency (JICA) based on an agreement signed between India and Japan in September 2017 during the visit of HE PM Shinzo Abe to India. Visit of Mr. Akhil Agrawal, Director General (S&T), Ministry of Railways A delegation led by Mr. Akhil Agrawal, Director General (S&T), Ministry of Railways and Counsellor (DRA) visited Signal and Telecommunication facilities viz. Advanced Train Administration and Communication System (ATACS), Shinkansen Operation Control Centre, Signaling Maintenance Centre, Transport Planning & Yard Management on 18 April 2018. Discussions were held with industries with regard to latest technological developments in Railway Signaling, Automatic Train Protection System, CBTC, Electronic Interlocking and Passenger Information Systems. Seminar on Business Opportunities for Japanese Firms in India's Railway Sector A seminar on "Business Opportunities for Japanese Firms in India's Railway Sector" was organized on 26 April 2018 by Confederation of Indian Industry (CII) & Japan India Industry Promotion Association (JIIPA) along with Embassy of India and Ministry of Land, Infrastructure, Transport & Tourism (MLIT). The seminar was attended by 170 representatives from various Japanese industries and consulting companies. Opening remarks and presentation were made by Mr. Ravindra Verma Counsellor (DRA) to highlight investment options in railway infrastructure development projects. Mr. S. K. Singh, Executive Director, RDSO presented business opportunities in Indian Railways and upcoming International Railway Exhibition INNORAIL-2018 to be held at RDSO Lucknow. INNORAIL 2018 will bring India’s railways industry to innovative future and showcase the 6 state-of-the-art technologies & services on railway sector. Mr. Tomoyuki Nakano, Director, MLIT presented the progress updates on MAHSR project. 30 Indian High School students visited under SAKURA Exchange Program in Science Dr. Purnima Rupal, Counsellor (S&T) presented congratulatory remarks at the "closing ceremony' held for the first group of 30 Indian High School students visiting Japan under the Japan – Asia Youth Exchange Program in Science (SAKURA Exchange Program in Science) organised by the Japan Science and Technology Agency (JST) on 13 April 2018. Till date, 621 Indian high school students have visited Japan under this Programme. They are the toppers from their respective states, selected by the MHRD and DST. Ambedkar Jayanti Ms Muanpuii Saiawi, Counsellor (IEC) gave remarks at an event celebrating Ambedkar Jayanti held at the Embassy of India on 13 April 2018 in collaboration with Dr. Ambedkar International Mission (AIM) and Dr. Babasaheb Ambedkar International Association for Education (BAIAE). The programme included talks by representatives of each Ambedkar organisation and a cultural programme featuring songs on Dr Babasaheb Ambedkar. Familiarisation visit by students from Ryogoku Junior High School The Embassy hosted a familiarisation visit by 21 students from Ryogoku Junior High School on 27 April 2018. The students enjoyed a yoga session with Dr Hemant Sharma, VCC Yoga Teacher in which they learned basic yogic asanas, breathing exercises and meditation. Mr Taichi Watanabe, PO (VCC) gave a lecture introducing India. Ms Muanpuii Saiawi, Dir (VCC) then interacted with the students and answered their questions about various facets of Indian culture. The students were given a tour of the premises and learned about the services provided by the Embassy such as consular services, cultural courses and events. Yoga Meditation by HH Sri Sri Ravi Shankar HH Sri Sri Ravi Shankar of Art of Living led Japanese Parliamentarians through meditation and yoga during his brief visit to Japan on 9 April 2018. Public yoga session in Kitanomaru Park Dr Hemant Sharma, yoga instructor at the Vivekananda Cultural Centre, Embassy of India, organised a public yoga session in Kitanomaru Park on Sunday morning 29 April. The session started at 7:30 am with light joint exercises and yogic asanas, Sun Salutation, Pranayam breathing exercises, meditation and laughter yoga. In total, there were over 100 participants consisting of members of the public, VCC yoga students, their friends and family. “All that we are is the result of what we have thought. The mind is everything. What we think we become.” – Gautama Buddha. 7 Services Sector in India Introduction The services sector is not only the dominant sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment. India’s services sector covers a wide variety of activities such as trade, hotel and restaurants, transport, storage and communication, financing, insurance, real estate, business services, community, social and personal services, and services associated with construction. Market Size The services sector is the key driver of India’s economic growth. The sector is estimated to contribute around 54.0 per cent of India’s Gross Value Added in 2017-18 and employed 28.6 per cent of the total population. India’s net services exports reached US$ 57.60 billion during April-December 2017. Nikkei India Services Purchasing Managers Index grew from 47.80 in February 2018 to 50.30 in March 2018, supported by growth in Information & Communications and Finance & Insurance. As per Ministry of Statistics and Programme Implementation’s second advance estimates of National Income 2017-18, services sector GVA is expected to grow to US$ 1,266.10 million in FY18. According to a report called ‘The India Opportunity’ by leading research firm Market Research Store, the Indian mobile services market is expected to reach $37 billion in 2017 and grow by 10.3 per cent year-on-year to reach US$ 103.9 billion by 2020. Out of overall services sector, the sub-sector comprising financial services, real estate and professional services contributed US$ 305.8 billion or 20.5 per cent to the GDP. The sub-sector of community, social and personal services contributed US$ 188.2 billion or 12.6 per cent to the GDP. Investments The Indian services sector which includes financial, banking, insurance, non- financial/business, outsourcing, research and development, courier and technical test analysis, has attracted FDI equity inflows in the period April 2000 - December 2017, amounting to about US$ 64.10 billion according to the Department of Industrial Policy and Promotion (DIPP). Some of the developments and major investments by companies in the services sector in the recent past are as follows: Private Equity (PE) investments in the hospitality industry rose nearly three-fold to US$ 119 million in 2017 from US$ 43.58 million in 2016. Hotel deals, including 8 mergers and acquisitions, are expected to pick up further in 2018 as many premium hotel properties are up for sale. American fast food chain McDonalds is reopening 84 of its closed restaurants, increasing the total number of operational restaurants across north and east India to 169. National Skill Development Corporation has signed a tripartite Memorandum of Understanding (MoU) with Tourism and Hospitality Sector Skill Council (THSC) and Airbnb to impart hospitality skills training to hospitality micro-entrepreneurs in India. The domestic and foreign logistic companies are optimistic about prospects in the logistics sector in India, and are actively making investments plans to improve earnings and streamline operations. Government Initiatives The Government of India recognises the importance of promoting growth in services sectors and provides several incentives in wide variety of sectors such as healthcare, tourism, education, engineering, communications, transportation, information technology, banking, finance, management, among others. Prime Minister Narendra Modi has stated that India's priority will be to work towards trade facilitation agreement (TFA) for services, which is expected to help in the smooth movement of professionals. The Government of India has adopted a few initiatives in the recent past. Some of these are as follows: Under the Mid-Term Review of Foreign Trade Policy (2015-20), the Central Government increased incentives provided under Services Exports from India Scheme (SEIS) by two per cent. Ministry of Communications, Government of India, has launched DARPAN - “Digital Advancement of Rural Post Office for A New India” which is aimed at improving the quality of services, adding value to services and achieving “financial inclusion” of un-banked rural population. Ministry of Civil Aviation, Government of India, launched 'DigiYatra', a digital platform for air travellers that aims to develop a digital ecosystem providing consistent service and a delightful experience at every touch point of the journey. The Ministry of Electronics and Information Technology has launched a services portal, which aims to provide seamless access to government services related to education, health, electricity, water and local services, justice and law, pensions and benefits, through a single window. 9 Road Ahead Services sector growth is governed by both domestic and global factors. The Indian facilities management market is expected to grow at 17 per cent CAGR between 2015 and 2020 and surpass the US$19 billion mark supported by booming real estate, retail, and hospitality sectors. The performance of trade, hotels and restaurants, and transport, storage and communication sectors are expected to improve. The financing, insurance, real estate, and business services sectors are also expected to continue their good run. The implementation of the Goods and Services Tax (GST) has created a common national market and reduced the overall tax burden on goods. It is expected to reduce costs in the long run on account of availability of GST input credit, which will result in the reduction in prices of services. Exchange Rate Used: INR 1 = US$ 0.015 as on March 01, 2018 References: Media Reports, Press Releases, DIPP publication, Press Information Bureau, Source: www.ibef.org “India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend and the great grand mother of tradition” - Mark Twain 10
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