INDIA DRAWS INVESTMENTS WORTH $1.6 B FROM JAPAN

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India has attracted investment worth $1.6 billion for projects in the fields of power, steel, construction and engineering SEZs from Japanese companies. Besides, deals worth $1 billion are also in advanced stages of negotiations with Japanese counterparts, sources in the visiting Assocham delegation, led by its president Sajjan Jindal, said. The delegation is on a week-long visit to Japan as part of Assocham efforts to promote special economic zones. The biggest deal worth $1 billion was brokered by JSW Steel, company sources said.

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