Prime Minister Narendra Modi will be accompanied on his Japan trip by the most high-powered business delegation ever to travel with an Indian head of government on a foreign visit, a sign that this government is serious about encouraging investment and reviving the economy. Modi is scheduled to leave for Japan on August 30.
The more than 20-member business delegation includes almost every big name in Indian industry and comprises Mukesh Ambani, chairman, Reliance Industries, Gautam Adani, chairman, Adani Group, Kumar Mangalam Birla, chairman, AV Birla Group, Hari Bhartia, co-chairman & MD, Jubilant Bhartia Group, Sunil Mittal, chairman, Bharti Enterprise, Pawan Munjal, vice-chairman and MD, Hero Motocorp, Shashi Ruia, chairman, Essar Group and Azim Premji, chairman, Wipro.
Other leading industrialists and executives in the delegation include Dilip Shanghvi, vice chairman, Sun Pharmaceuticals, Baba Kalyani, chairman, Kalyani Group, AM Naik, chairman & MD, Larsen & Toubro, Kiran Mazumdar Shaw, CMD, Biocon, Chanda Kochhar, MD & CEO, ICICI Bank, S Ramadorai, vice chairman, TCS, Harsh Neotia, chairman, AmbujaNeotia Group, RC Bhargava, chairman, Maruti Suzuki, Rajiv Modi, chairman & MD, Cadila Pharmaceuticals, DK Sarraf, CMD, ONGC, Sunil Srivastava, CMD, Indian Oil Corporation, Ajay Shiram, chairman, DCM Shriram and Talleen Kumar, MD & CEO, Delhi Mumbai Industrial & Development Corporation.
“Japan has always been perceived as a strong and steady partner in India’s progress and occupies a prime position in India’s Look East Policy… both nations aim to build a strong, strategic, global partnership that can achieve our common objective of economic development of the Asia-Pacific region,” Chandrajit Banerjee, director general, Confederation of Indian Industry told HT.
“Japan is an important trading partner and we will build on our business relationship,” said Biocon’s Mazumdar Shaw.
The list of business delegates was prepared by the PMO after taking the consent of the individuals and given to CII, which is acting as the secretariat for the business delegation.
The India-Japan CEO forum will also hold a meeting.