IT talent in India is excellent: Uniqlo CEO to PM Modi
Tokyo (Japan), May 23: The head of Japanese manufacturer and retailer Uniqlo lauded Indian talent in the field of information technology (IT) on Monday and invited Prime Minister Narendra Modi to work together with the country's IT sector.
Prime Minister Modi, in his meeting with the Uniqlo CEO Tadashi Yanai, called upon him to join India's journey to become a manufacturing hub for textiles, particularly scaling up the use of technologies.
"We spoke about how to invest in the production and retail industry in India. We could focus on end-to-end products- from plant to design to fabric. IT talent in India is excellent. I want to say to PM Modi- Let's do IT," said Uniqlo CEO Tadashi Yanai on Monday in Tokyo
PM Modi further discussed Uniqlo's growing presence in India and investment opportunities for textile manufacturing under Production Linked Incentive (PLI) scheme.
They also discussed several reforms being undertaken to make it easier for foreign investors to do business in India, such as industrial growth, infrastructure, taxation and labour.
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They also discussed India's rapidly growing textile and apparel market, as well as investment opportunities in the textile sector through the PLI scheme.
"Prime Minister invited Uniqlo's enhanced participation in India's journey to becoming a manufacturing hub for textiles, particularly the use of technologies in textile manufacturing. Prime Minister also invited Uniqlo to take part in the PM-Mitra scheme aimed at further strengthening the textiles sector," the Ministry of External Affairs (MEA) said.
The Prime Minister will meet with Japanese Prime Minister Fumio Kishida in a bilateral meeting.
PM Modi will also attend the second in-person Quad Leaders' Summit, which will allow the leaders of the four Quad countries to assess the progress of Quad initiatives.
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-PTC News
