Trade and commerce are important between two countries. But the tone in the article is such that we want more from Japan? We need that billions of dollars so we can have more industries etc? Why do we everytime look for someone else to lift us? When Kawasaki tied up with Bajaj, it seems they didn't even shared their design blueprints with them. Its same now with Hero Honda. Look at otherside of the coin, TVS dared Suzuki to walk out of partnership and went on to become one of the best product company in India. Even in the 80s, Sumant Moolgaonkar led Telco (Tata Motors) drove off Japanese LCVs from India including the might like Toyota and Nissan. We see more Tata 407s than the DCM Toyotas today. In Software, Japan want to emulate the India Indians.
When Canon Executive says infrastructure in India should be improved then thats true. Its govt first priority to improve infrastructure make them world class, than trumping about 8% or 9% growth. Japanese PMs made several visits to India with their business delegates, even then the trade figures haven't improved. Until Japan finds something to invest in India these meetings bring add little value.
RE:If Japan ignores India, let it be.
by uncle sam on Aug 23, 2007 01:55 AM Permalink
Good one. Japanese capitalism has made India slaves. We like Japan but truth is Japan dont like us.
Kawasaki, Suzuki are sucking our blood or money from ages. Nothings goes from India to Japan everything comes from Japan.
Such a huge imbalance
Similarly, Japan's share of India's imports has actually gone down from 6.6% in 1993-94 to 2.7% in 2005-06. On the other hand, India's imports from Japan witnessed a robust growth of 45.3% in 2003-04, 21.3% in 2004-05 and 25.5% in 2005-06.
RE:RE:If Japan ignores India, let it be.
by Abdul on Aug 23, 2007 09:54 AM Permalink
We had significant trade surplus with only country, that is US for my knowledge, some other countries, we don't have negative balance & often only raw materials. I don't want to name blankly like you.
