It comprises 515 local chambers of commerce and members include big companies and small and medium enterprises (SMEs). In case of Asean (Association of South-East Asian Nations), it (number of big Japanese firms operating) is 54%. SMEs are small, so they need support from local governments and they want to be together with other Japanese companies. In the case of Neemrana industrial town in Rajasthan, there are some 46 Japanese companies already there. We welcome GST (goods and services tax) but we hope some tax issues will be addressed.
Source: Mint January 21, 2018 18:11 UTC