New Delhi/Tokyo : Union Minister for Commerce and Industry Piyush Goyal met Masayuki Omoto, President and CEO of Marubeni Corporation, along with the company’s senior leadership, and discussed ways to expand business and investment opportunities between India and Japan.
During the interaction, Goyal highlighted Marubeni’s longstanding engagement with India, which dates back to 1918. Over more than a century, the Japanese Sogo Shosha (general trading company) has established a presence across several important segments of the Indian economy, including infrastructure, energy, mobility, food and agriculture, metals and minerals, among others.
The discussions come at a time when India-Japan economic relations are gaining greater momentum, with both countries seeking to expand trade, investment and technology-driven cooperation. Japanese companies have emerged as important partners in India’s development, particularly in areas such as automobiles, manufacturing, infrastructure, electronics, energy and advanced technologies.
The bilateral business relationship is also increasingly moving beyond traditional trade towards investment-led growth, innovation, resilient supply chains, digital technologies and emerging industries. India’s expanding market and manufacturing capabilities, coupled with Japan’s technological expertise and investment capacity, offer considerable scope for deeper private-sector collaboration.
Goyal and Marubeni’s leadership explored ways to leverage the company’s extensive experience in India and create fresh avenues for cooperation across multiple sectors. The focus was on encouraging greater investment, strengthening business partnerships and identifying new areas where Indian and Japanese companies can work together.
The engagement reflects the broader momentum in the India-Japan Special Strategic and Global Partnership, with stronger economic and commercial ties emerging as a key pillar of bilateral relations.
With India seeking to attract greater foreign investment and Japan looking to expand the global footprint of its businesses, closer cooperation between the two countries’ corporate sectors is expected to play an increasingly important role in driving trade, investment, innovation and sustainable economic growth.