Prime Minister Narendra Modi on Monday met Softbank Corporation founder and CEO Masayoshi Son to discuss the Japanese investment firm’s future participation in India’s technology, energy, finance and R&D sectors.
“Then pushing for Japanese investment in India … PM @narendramodi met @SoftBank_Group Founder Masayoshi Son and praised Softbank’s role in India’s start -up sector,” MEA spokesperson Arindam Bagchi tweeted.
Mr Bagchi further said, “Discussions focused on Softbank’s future participation in India in technology, energy, finance, R&D, etc”.
The Prime Minister is in Japan on a two -day visit to attend a summit of Quad leaders at the invitation of his Japanese counterpart Fumio Kishida.
SoftBank is one of the major investors in start -up companies in India and has backed large ventures, such as Paytm and Policybazaar, which are currently listed on the Indian stock market.
It has also invested in other start -up companies such as Oyo Hotels & Homes, Delhivery and Unacademy, among others.