SoftBank and other Japanese investors keen to invest in India: FM Arun Jaitley

Tokyo: Mr Arun Jaitley, Finance Minister, Government of India, has stated that several Japanese investors including telecommunications and internet giant SoftBank Group Corporation, have shown keen interest in investing in India's infrastructure growth story. Finance Minister is on his six-day visit to Japan and has met the chief executive officer of SoftBank Group, Mr Masayoshi Son, who is eyeing to invest in Indian internet companies and solar energy sector. In June 2015, SoftBank had announced the formation of joint venture (JV) with Bharti Enterprises and Taiwan's Foxconn Technology Group, to invest about US$ 20 billion in India's renewable energy sector. In the past two years, SoftBank has already made technology-based investments worth US$ 2 billion and plans to accelerate the pace of investments in the coming future. Mr Masayoshi Son further said that, India has a great future and SoftBank is definitely interested in investing more in internet companies as well as solar energy sector in the country.

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