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FM Sitharaman urges Japanese investors to consider data center opportunities in Tier Two and Three cities

Union Finance Minister Nirmala Sitharaman met with Kazuhiko Amakawa, Governor of the Japan Bank for International Cooperation, during the IMF-World Bank Annual Meetings in Bangkok today. They discussed enhancing collaboration in areas such as clean energy, semiconductors, and advanced manufacturing. Sitharaman encouraged Japanese investors to consider opportunities in data centres located in Tier Two and Tier Three cities, including Visakhapatnam, to promote balanced urban development. The meeting also touched on the success of the India-Japan Fund and the increasing Japanese interest in sectors like electric mobility and artificial intelligence.

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