HomeIndustry NewsJapanese CG upbeat on new investments into Sri City

Japanese CG upbeat on new investments into Sri City

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The recently appointed Consul General of Japan in Chennai, Mr. Takahashi Muneo, recently visited Sri City wherein he got a comprehensive overview of the integrated business hub.

Sri City’s founder and Managing Director of Sri City, Dr. Ravindra Sannareddy briefed him on the various investment opportunities and the specific advantages of doing business in Sri City.

Highlighting the significant presence of Japanese companies, he mentioned, “The Japanese enclave, the country’s second-largest, hosts over 30 prestigious brands in sectors like automobiles, engineering, and logistics, with investments totalling about Rs.16,000 crores and creating over 20,000 jobs.” 

He emphasised the importance of the Consul General’s visit and expressed confidence that it would attract more Japanese companies to Sri City. 

The Consul General complimented Sri City for its sophisticated infrastructure and rapid growth, recognising it as an outstanding location for doing business based on what he had witnessed.

In light of the multiple advantages that Sri City offers, he anticipates a surge in interest from Japanese businesses operating in different sectors of industries. 

During his visit, Mr. Muneo also went on a tour of the campus, visited the Daikin and Isuzu factories, and engaged with members of the Sri City Japanese Industries Association about their company’s operations.

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