Nilekani, Parekh in India Japan Business Leaders Forum

NEW DELHI: India Japan Business Leaders Forum, comprising CEOs of top companies from both the sides, will be launched during Japanese Prime Minister Shinzo Abe's visit to the country next week.

M S Asahi of Mitsubishi, K Furukawa of Hitachi, N Ohashi of Mitsui and H Yonekura of Sumitomo, besides 10 others, have been included in the high-level business forum from the Japanese side.

Indian businessmen on the forum would include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.

"The selection of business leaders from the two sides has been done keeping in mind the $90 billion Delhi-Mumbai Industrial Corridor (DMIC)," an official said.

The DMIC project, which will be partly funded by the Japanese, was approved by the Union Cabinet on Thursday. Sources said the formal launch of DMIC may also be announced during Abe's visit on August 21-22.

A business delegation accompanying the Japanese Prime Minister would interact with Indian industry leaders at the meetings organised by three apex chambers along with the Department of Industrial Policy and Promotion in the Ministry of Commerce.

The Japanese delegation would include representatives from Canon, Toyota, Mitsubishi Corporation, Matsushita, Hitachi, Fujitsu, Suzuki, Japan Airlines, Japan Chamber of Commerce and Industry and Japan Bank for International Cooperation.