"Despite a high number of collaborations, the average investment is still low, indicating a considerable degree of caution... We invite captains of Japanese trade and industry to look at India's position today and take a long-term view of trade and investment opportunities on offer," commerce and industry minister Kamal Nath said.
Addressing a Joint meeting of India-Japan business cooperation committee here, he said India's vibrant democracy was its biggest asset providing for a resilient base for steady economic growth with stability.
"In all major policy pronouncements, since taking office, the new government has reaffirmed its commitment to economic reforms that stimulate growth, investment and employment.
Our partners and potential investors should have no cause for any misgivings in this regard," he said. Nath said the government was taking measures for trade facilitation and was committed to reducing transaction costs.
Noting that while infrastructure did pose some challenge, he said it also presented a huge investment opportunity.
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