India

In Japan, PM Narendra Modi Meets Softbank Chairman Masayoshi Son, Pitches For Investments -By ASC


The Prime Minister is in Japan on a two -day visit to attend a summit of Quad leaders.

Tokyo:

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.

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