Modi on Five Day Visit to Japan –
Leads Delegation of 10 Business Men to Court Shinkansen
300 Km Bullet Trains
Abe
to Offer Trillions of Yen for Infrastructure to Boost Failing Japanese Economy
As
Prime Minister Narendra Modi
is all set to visit Japan on August 30, he will be accompanied by a shortlist
of 10 comprising of Captains drawn largely from Western India with an emphasis
on Gujarat with a bit of Bangalore and Delhi. The notables are Mukesh Ambani, Gautam Adani, Dilip
Shanghvi (Sun Pharmaceuticals), Azim
Premji (Wipro), Chanda Kochhar (ICICI Bank), Shashi Ruia (Essar), S Ramadorai (TCS), Kiran Mazumdar Shaw (Biocon), K Venkataramanan (Larsen & Toubro), D K Sarraf (ONGC) and Sunil Mittal (Bharti).
During his visit from August 31 to September 3, the Prime
Minister will call on Emperor Akihito and hold annual summit meeting with his
counterpart Shinzo Abe, famous for his five arrows
doctrine of development.
PM Modi has advocated BRICS bank on
Brazil visit for BRICS Summit. He was hot on hydel
power in his visits to Bhutan and Nepal. The visit was marred by floods in
Bihar and UP following poor water management on the Rapti
and Ghagra in both Nepal and India. There was no open
discussion on this in his Nepal visit.
In this visit, Modi will respond to
Japanese proposals for pumping more money into infrastructure in India. He may
address the problems faced by Japanese Business in India on high transaction
costs and closed import channels. The delegation of Indian business men like Ambani and Adani have little to
ask from the Japs since they are in competition!