Japan has huge export potential for India in sectors such as pharmaceuticals, gems and jewellery, marine products, rice, bovine meat and aluminium, and India’s export of $ 17.6 billion does not reflect the true potential of trade between the countries, said the Federation of Indian Export Organisations (FIEO) President, Mr Sharad Kumar Saraf, as per a report.
The Federation has launched the India-Japan Business Group, an online platform, to promote interaction between business communities of the two countries for promoting exports, imports and investments. FIEO has also signed a MoU with Japan-India Industry Promotion Association to promote trade, said the report.
