Japan will support India in achieving its goals in various fields, including investments, technology transfer as well as handling of air, water and sea pollution and urban waste, said Mr Ryoji Noda, Consul General, Consulate of Japan, Mumbai, at the 12th Anniversary CII – VLFM/CSM Learning Convention organised by the Confederation of Indian Industry (CII).
Stating that India will be leading in terms of population in another 10 years, Mr Noda said, “Japan is very much ready to support India in various fields, including investments, technology transfer, as well as experience sharing with India, such as how to handle air pollution, water pollution and sea pollution.”
If Mumbai is creates 7,000 tonnes of urban waste every day, that means it is creating 210,000 tonne of waste every month, Noda said adding that Japan, which was recycling 85 per cent of pet bottles, can help India in better handling the same.
Having received Rs 220 billion of assistance under Japan’s Overseas Development Assistance (ODA), India is the largest beneficiary, and Mumbai has been one of the focus areas of its assistance. “There are estimates that the city is expected to be the highest populated city in world in the highly populated country in 2032,” Noda added.
In this context, Noda said, “Japan has committed Rs 45 billion towards Mumbai Metro-III project, and Rs 90 billion towards Mumbai trans-harbour link road, connecting Mumbai and Navi Mumbai. It will be completed in 2022, while the metro project will be completed in 2021.”
At over 7 per cent growth rate per annum, Noda said it is expected that half of India’s population will be middle income group in 2030s, making it a significant market. He also cited reports predicting that India could host 2032 Olympic Games, to buttress Japan’s focus on India.
On bullet train project, Noda said, “The high speed rail project in the western part of India between Mumbai and Ahmedabad is important for us.” He said that the project would ensure trust and safety of the users, responsible and timely disbursement in construction, and safety net around the same.
Emphasising on the special strategic global partnership Japan and India hold politically, Noda said that the programme is ideally a symbolic relationship between Japan and India.
Katsuo Matsumoto, Chief Representative, JICA India said that it had initiated the programme in 2007 primarily to promote innovative and creative approaches in corporate and social sectors in India.
Jamshyd Godrej, Chairman of VLFM Initiative and Past President of CII, said, “Developing India’s manufacturing industry is a very crucial part of our development. It is not possible to achieve double digit growth in India, unless we improve our manufacturing competitiveness and value addition.
“India is suffering from low productivity at every level, though the country has realised the importance of promoting manufacturing in a big way. The time has come that we bring innovation and productivity to the fore,” Godrej said while highlighting the contribution of the programme, which promotes mindset change in managers and seeking exploratory approaches to innovation. Over 5,000 students from 2000 companies have passed out of the programme so far.