Japan firms should not 'miss bus' on India, commerce chief says

New Delhi ready to roll out 'red-carpet treatment' for companies that invest

20231027N Piyush Goyal

"No other part of the world will see such a big growth opportunity" as India, Commerce Minister Piyush Goyal told Nikkei on Oct. 27. (Photo by Shigeru Seno)

SHIGERU SENO, Nikkei senior staff writer

OSAKA -- India's vast economic potential has much to offer Japanese companies that move quickly to invest in the market, Indian Commerce and Industry Minister Piyush Goyal told Nikkei.

"I do hope Japanese companies will take faster decisions and not miss the bus," Goyal said in an interview Friday in Osaka, where he traveled to take part in the Group of Seven trade ministers meeting.

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