Indo-Japan trade data
Wednesday, December 28, 2011
Japan hardly imports $30 bln annually from India an dis almost entirely dependen to n Chinese imports for its local economy. However it has been developing India with annual Capital investments of INR 90 bln or $2 bln and an almost equal amount of INR 88 bln or another $ 2 bln in development aid this year.
Japan is providing $4.5 bln in the Delhi Mumbai Industrial Corridor looking a developing more than 12 new citiies on the route amongside the larger Dedicated Freight Corridor which encompasses the nation across its two legs Delhi - Kolata and Delhi Mumbai,. The Eastern corridor of the DFC itself costs $10 bln while the DMIC is envisaged to cost $90 bln. The freight corridpor speeds up our Logistics gap while the DMIC undertakes urbanisation in new zones to catch up with the China equation
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