Modi seeks Japanese investments in textile sector

Chief Minister Narendra Modi on Thursday invited Japanese companies to invest in Gujarat’s textile sector.

Written by Press Trust Of India | Tokyo | Published: July 27, 2012 4:39:01 am

Chief Minister Narendra Modi on Thursday invited Japanese companies to invest in Gujarat’s textile sector. Speaking at a round table conference of Japan’s top 16 finance and banking companies in Osaka,he said his state’s textile and the textile park policy is based on 5 ‘F’ formula of farm-fibre-fabric-fashion-foreign.

Modi also met a delegation from automobile maker Toyota in Nagoya. Toyota’s adviser Dato Akira Okabe and General Manager Makota Sasagura met the chief minister and gave details of the company’s operational plants in India and future expansion plans.

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