CM addresses Investment Seminar of Japan External Trade Organization

Published By : Admin | July 23, 2012 | 15:45 IST

On Day 1 of his historic visit to Japan Shri Narendra Modi addresses Investment Seminar of Japan External Trade Organization (JETRO)


Shri Modi thanks the Government of Japan and JETRO for the new positive developments that have taken place since his last visit in 2007


India and Japan have deep cultural bond and historical relations. Lord Buddha is a binding force between us: Shri Modi


Exchanges between Gujarat and Japan have become a regular affair. Political stability in Gujarat leads to consistency in policy and increases confidence: Shri Modi


Together, Gujarat and Japan can not only change Asia’s but also the world’s future: Shri Modi



As a part of his 4-day historic trip to Japan, Gujarat Chief Minister Shri Narendra Modi addressed the Investment Seminar of the Japan external Trade Organization (JETRO) in Tokyo on Monday 23rd July 2012. Shri Modi spoke about the growing mutual ties between Gujarat as well as Japan and even invited more Japanese industries to invest in Gujarat.

Terming exchanges between Gujarat and Japan as a ‘regular affair’, Shri Modi said that he is visiting Japan to thank the Japanese Government for the positive developments that have taken place after his last visit in 2007. He also highlighted that India and Japan are bound not only by a deep cultural bond but also historical relations from the time of Lord Buddha to Swami Vivekananda and Rabindra Nath Tagore. He also added that both India and Japan were nations that believed in a liberal society and democratic governance.

Shri Modi expressed his admiration for Japan in terms for their dedication, precision, hard work. He affirmed that with Japan’s strength of intelligence processes and India’s strength of intelligent young minds the two countries can do wonders and would have a major role in 21st century becoming Asia’s century. In addition, India’s 120 crore population can make it an attractive market for almost any product.

On the growth of Gujarat, Shri Modi stated that the Gujarat Government’s motto remains ‘Gujarat’s growth for India’s growth’ and that the state has shown that growth is possible without weakening one’s roots. He also spoke about some of Gujarat’s infrastructural advances in gas, water, IT and 24/7 electricity to name a few, terming them as rarest of rare. He said that the people of Gujarat were extremely mature and due to the political stability there was even a consistency in policy, which increases confidence and investment in Gujarat.

Shri Modi talked about the sea of potential in terms of economic ties between Gujarat and Japan saying that the Government wanted to create a ‘mini Japan’ in Gujarat in a way that the people of Japan would feel they have come to an out house. He reminded the gathering about the large number of Japanese delegations that keep visiting Gujarat to explore opportunities.

In his address Shri Modi spoke that already 2 Japanese SEZs are coming up in the form of a Hitachi plant at Dahej and the Maruti Suzuki car-manufacturing project in Mehsana district. “Japan has a strength of experience, Gujarat has a power of enterprise, Japan has technology, Gujarat has a talent to absorb it. Japan has a keenness of discipline, Gujarat has a zeal of performance. I am sure our strengths together will deliver the best result and a new golden history. We are connected through our cultural heritage, historic events and belief in humanity. We can change not only Asia’s but world’s future together” said Shri Modi.

He also added that he has brought with him a high level delegation of top industrialists and Government officials, which the Japanese investors could interact with and strengthen cooperation.

Speech of Shri Narendra Modi at the JETRO Investment Seminar

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PM's remarks on the Budget 2024-25
July 23, 2024
“Budget For Viksit Bharat ensures inclusive growth, benefiting every segment of society and paving the way for a developed India”
“The government has announced the Employment Linked Incentive scheme. This will create crores of new jobs”
“This Budget brings a new scale to education and skill development”
“We will create entrepreneurs in every city, every village and every home”
“In the last 10 years, the government has ensured that the poor and the middle class continue to get tax relief”
“Budget opens up new avenues for StartUps and innovation ecosystem”
“Budget focuses on farmers in a big way”
“Today's budget has brought new opportunities, new energy, new employment and self-employment opportunities. It has brought better growth and a bright future”
“Today's budget will act as a catalyst in making India the third largest economic power in the world and will lay a solid foundation for a developed India”

The Prime Minister, Shri Narendra Modi lauded the Union Budget 2024-25 presented by the Union Minister for Finance, Smt Nirmala Sitharamanin in the Lok Sabha today.

Remarking on the Union Budget 2024-25, the Prime Minister congratulated all citizens for this year’s Budget which is bound to take the nation to new heights of development. He said that Union Finance Minister, Smt Nirmala Sitharaman and her entire team are worthy of congratulations.

“Union Budget 2024-25 will empower every section of society”, the Prime Minister said, “It will take the poor farmers from villages on the path to prosperity.” Noting the emergence of a neo-middle class after 25 crore people were lifted out of poverty, the Prime Minister said that this budget adds continuity to their empowerment and provides countless employment opportunities. “This Budget brings a new scale to education and skill development”, he said. PM Modi underlined that the budget with its new schemes is aimed at strengthening the lives of the middle class, tribal section, dalits and backward classes. He further emphasized that this year’s Budget would ensure economic partnerships of women while also laying down a new path for small businesses and MSMEs. “The Union Budget gives a fillip to manufacturing as well as infrastructure”, PM Modi said underlining that it would give new strength to economic growth while maintaining continuity.

Reiterating the government’s commitment to employment and self-employment, the Prime Minister noted the success of the PLI scheme and highlighted the Employment Linked Incentive scheme which will create crores of jobs. Under the scheme, the first salary of the first job of a youth will be borne by the government. He also mentioned provisions for higher education and the scheme for internships for 1 crore youth. “Working in the top companies under the scheme, the young interns will find new avenues of possibilities”, the Prime Minister said.

Emphasizing the commitment to creating entrepreneurs in every city, every village and every household, the Prime Minister talked about raising the limit of collateral-free loans under the Mudra Loan from Rs 10 lakhs to 20 lakhs which will greatly benefit small businessmen, women, dalits, backwards and deprived.

Asserting the commitment to make India the manufacturing hub of the world, the Prime Minister emphasized the links of MSME with the middle class of the country and its employment potential for the poor segment. To create big strength for small industries, the Prime Minister informed about the new scheme announced in the Budget that will increase the ease of credit for MSMEs. “The announcements in the Budget will take manufacturing and exports to every district”, he said, “e-Commerce, export hubs and food quality testing will give new momentum to One District-One Product programme.”

The Prime Minister underlined that the Union Budget 2024-25 brings numerous opportunities for India’s startup and innovation ecosystem. He gave examples of a one thousand crore rupees corpus fund to vitalize the space economy and the abolition of the angel tax.

“Record high capex will become a driving force of the economy”, the Prime Minister said, mentioning the development plans for 12 new industrial nodes, new satellite towns and transit plans for 14 big cities. He said that it would enable the development of new economic hubs in the country and create numerous jobs.

Highlighting the record defence exports, the Prime Minister mentioned that this year’s Budget consists of numerous provisions to create an ‘aatmanirbhar’ defence sector. He said that the world’s attraction towards India is constantly on the rise thereby, opening up new avenues for the tourism industry. He underlined the emphasis on tourism in this year’s Budget and said that the tourism industry brings numerous opportunities for the poor and the middle-class

PM Modi said that in the last 10 years, the government has ensured tax relief for the poor and the middle class, while decisions were made in this year’s budget to reduce income tax, hike standard deduction and simplify TDS rules. He said that these reforms would allow taxpayers to save more money.

The Prime Minister stated that the overall development of the eastern region of India will get new momentum and energy through the ‘Purvodaya’ vision. “New impetus would be given to the development of important infrastructures like highways, water projects and power projects in eastern India”, he added.

The Prime Minister said, “A big focus of this Budget is the nation's farmers”. After the world’s biggest grain storage scheme now Vegetable Production Clusters are being introduced which will help both the farmers and the middle class. He further emphasized, “It is the need of the hour for India to become self-reliant in the agricultural sector. Therefore, measures have been announced to help farmers increase the production of pulses and oilseeds.”

Touching upon the major schemes regarding poverty alleviation and empowerment of the poor, the Prime Minister informed about 3 crore houses for the poor and Janjatiya Unnat Gram Abhiyan which will link 5 crore tribal families to basic facilities with a saturation approach. Furthermore, Gram Sadak Yojna will connect 25 thousand new rural areas with all-weather roads, benefitting all states.

The Prime Minister asserted that “today's budget has brought new opportunities, new energy, new employment and self-employment opportunities. It has brought better growth and a bright future.” The Prime Minister concluded by underlining the Budget’s potential for being a catalyst for making India the third largest economy in the world and for laying the strong foundation for the Viksit Bharat.