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Japan-India Business Cooperation Committee delegation calls on Prime Minister Modi

Published By : Admin | March 5, 2025 | 19:52 IST
Japanese delegation includes leaders from Corporate Houses from key sectors like manufacturing, banking, airlines, pharma sector, engineering and logistics
Prime Minister Modi appreciates Japan’s strong commitment to ‘Make in India, Make for the World

A delegation from the Japan-India Business Cooperation Committee (JIBCC) comprising 17 members and led by its Chairman, Mr. Tatsuo Yasunaga called on Prime Minister Narendra Modi today. The delegation included senior leaders from leading Japanese corporate houses across key sectors such as manufacturing, banking, airlines, pharma sector, plant engineering and logistics.

Mr Yasunaga briefed the Prime Minister on the upcoming 48th Joint meeting of Japan-India Business Cooperation Committee with its Indian counterpart, the India-Japan Business Cooperation Committee which is scheduled to be held on 06 March 2025 in New Delhi. The discussions covered key areas, including high-quality, low-cost manufacturing in India, expanding manufacturing for global markets with a special focus on Africa, and enhancing human resource development and exchanges.

Prime Minister expressed his appreciation for Japanese businesses’ expansion plans in India and their steadfast commitment to ‘Make in India, Make for the World’. Prime Minister also highlighted the importance of enhanced cooperation in skill development, which remains a key pillar of India-Japan bilateral ties.

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PM to visit Rajasthan on 21st April
April 20, 2026
PM to dedicate India’s first greenfield integrated Refinery-cum-Petrochemical Complex at Pachpadra in Balotra
9 MMTPA Greenfield Refinery-cum-Petrochemical Complex has been established with an investment of over ₹79,450 crore
The state-of-the-art complex integrates refining and petrochemical production
Project to play a pivotal role in strengthening India’s energy security and enhancing petrochemical self-sufficiency

Prime Minister Shri Narendra Modi will visit Rajasthan on 21st April 2026. At around 11:30 AM, Prime Minister will dedicate to the nation India’s first greenfield integrated Refinery-cum-Petrochemical Complex at Pachpadra in Balotra. He will also address a public gathering on the occasion.

This landmark project represents a significant milestone in India’s energy and petrochemical sector. Developed as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan, the 9 Million Metric Tonnes Per Annum (MMTPA) Greenfield Refinery-cum-Petrochemical Complex has been established with an investment of over ₹79,450 crore.

The state-of-the-art complex integrates refining and petrochemical production, with a petrochemical capacity of 2.4 MMTPA. The refinery features a high Nelson Complexity Index of 17.0 and petrochemical yields exceeding 26%, aligning with global benchmarks for efficiency and sustainability.

The project is expected to play a pivotal role in strengthening India’s energy security, enhancing petrochemical self-sufficiency, and driving industrial growth. It will serve as an anchor industry for the development of a Petrochemical and Plastic Park in the region, promoting downstream industries and ancillary sectors. Additionally, the refinery is poised to generate significant employment opportunities, contributing to the socio-economic development of the region.