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International relations

Modi courts investment from Japan's small and midsize businesses

Prime minister says Indian software and Japanese hardware can create 'a miracle'

Indian Prime Minister Narendra Modi gives the keynote address at a business symposium in Tokyo on Oct. 29. (Photo by Taro Yokosawa)

TOKYO -- Indian Prime Minister Narendra Modi on Monday called on Japan's medium, small and micro enterprises to explore opportunities in India, where he said the government is pulling out all the stops to improve the business environment.

"There are ample possibilities for Japan's [micro] SMEs in India," the prime minister said. "It's not only big companies but MSMEs that are welcome to India. Through MSMEs, too, Japanese entrepreneurs can take their businesses to new highs."

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