Friday, July 26, 2013

Japan beckons Coimbatore industrialists

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Just as a business delegation from the Indian Chamber of Commerce and Industry (ICCI) has returned from a trip to Japan, a delegation from the Coimbatore District Small Industries Association (Codissia) is now preparing to visit the Land of the Rising Sun.

Apart from underscoring the importance of Japanese investment in India, what is significant is that at the centre of both visits is the SME sector. While ICCI wants the potential opportunities in Coimbatore to be known to the SMEs of Japan, Codissia is largely a representative body of the MSMEs.

Speaking to Business Line today, R. R. Balasundharam, President, ICCI, said the main aim of the visit to Japan was to make the Japanese companies aware of the immense potential in the SME sector.

During their visit, the delegation members addressed seminars in the three key cities of Osaka, Nagoya and Tokyo.

Japanese SMEs appeared to be interested in five areas. These were semiconductors, biomass for power generation, water and waste water management, instruments and sensors and Information Technology (IT).

He said Japanese SMEs in Coimbatore could be offered incubation facility.

The Japanese participants evinced interest in visiting Coimbatore later this year. R. Ramachandran, President, Codissia, is leading a delegation of 30 members to Japan, during which they would visit companies such as Isuzu Motors, Yamazaki Mazak and Toshiba Carrier Corporation.

He believes the visit will offer an insight into the best practices followed by the Japanese companies and this will help “enhance the competitiveness of MSMEs in the international market.”

He said the Codissia team has planned a visit to the Renewable Energy &amp; PV Japan 2013, Tokyo. This has assumed importance in the context of the efforts taken by the Tamil Nadu Government to tap solar energy for power generation. </div>

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