Mukesh Ambani, chairman and managing director of Reliance Industries, recently revealed that his company was looking at creating new partnerships with small and medium enterprises (SMEs) in Japan.
“We need to look for new dimensions in partnerships,” Ambani said at the inaugural session of the three-day India-Japan Global Partnership Summit at Tokyo. He continued, “India’s power and infrastructure hold tremendous potential, which Japan’s SME sector would do well to tap.
The combination can make great strides in technology, maturity and experience of Japanese businessmen with the youth in India. This would be a win-win participation.”
The centre of economic gravity has moved from the West to Asia, he said, and Japan and India can together carve out a way to emerge as the world’s two strongest economies. “At a time when countries around the globe are reeling under sovereign debt burden, new grounds have to be broken to meet these challenges.”
While urging for partnerships between India and Japan, Ambani said that India-Japan relations should not be restricted between government to government or large corporations but a cross section of people.