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Japanese delegation led by JETRO meets the Chief Minister Gandhinagar,   20th   January   2012:   The   Government   of   Gujarat   today   signed   a  Memorandum of Understanding (MoU) with TOTO, a leading Japanese player into  sanitary ware and bath fittings in presence of the Hon'ble Chief Minister of Gujarat  Shri   Narendra   Modi.   The   MoU   signing   was   a   key   element   of   the   Japanese  delegation's  programme   during  their  two­day visit to Gujarat. This is TOTO's first  plant in India which will be set up at GIDC Estate in Halol to manufacture sanitary  wares and cater to the growing demand of the Indian market. The annual capacity of   this plant would be 5, 00,000unit in its first phase of the total three phases planned  as of now. The company would be investing to the tune of INR 380 Crore (approx.  US$76 million) for their setups which will generate employment for 500 people.TOTO  intends   to   complete   proposed   investment   by   2013   and   commence   commercial  production by July of 2014.The MoU was signed between Mr Mukesh Kumar, IAS,  Managing   Director,   iNDEXTb   and  Mr   Toshikatsu  Kondo,  Project  Leader   of  TOTO  India Pvt. Ltd. The   Japanese   delegation   led   by   Japan  External   Trade   Organisation   (JETRO)   visited  Hitachi's   plant   and   other   sites   in   industrial  zones   in   Kadi.   Considering   the   influx   of  Japanese investments in the coming years, the  state   government   plans   to   set   up   special  Japanese   townships   around   the   Dholera  Special Investment Region and other industrial  zones.   A   Memorandum   of   Understanding   between   the   Gujarat   government   and  JETRO was signed in November 2011 to set­up a Japanese Industrial Zone. Welcoming   the   Japanese   delegation,   the   Hon'ble   Chief   Minister   of   Gujarat   said,  "Gujarat and Japan share strong cultural and business relationships. We consider  you as a part of our family and are always eager to help you do business in our  State. We are committed to providing not only basic infrastructure like roads, ports  and   airports   but   also   provide   next­generation   technologies   like   an   optical   fibre  network, gas grids and technologies for satellite transmission. We have already put  significant   efforts   in   basic   infrastructure   and   now   we   believe   is   the   time   to   think  beyond the basics and put together next­generation infrastructure. I envisage huge  Vibrant Gujarat Summit 2013

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investments from Japan in Gujarat and hence I would like to promote Japanese food  and language here. I believe it's a win­win situation for both Gujarat and Japan when  it comes to sharing culture and doing business."

Mr Nakamura, Executive Vice President of JETRO invited the Hon'ble Chief Minister  of   Gujarat  Shri   Narendra   Modi  to   Japan   when   JETRO   plans   to   hold   a   special  conference   on   doing   business   in   Gujarat   this   year.   Addressing   the   Japanese  delegation, Mr Nakamura said, "Japanese companies have been successful in India  and   in   Gujarat   as   well.   We   would   like   to   set­up   a   single­window   shop   based   in  Gujarat for Japanese companies wanting to do business here. With this initiative, we  will   be   able   to   facilitate   Japanese   businessmen   investing   here   and,   therefore,  generate   employment   in   the   State.   The   State   government's   support   has   been  incredible   and   our   members   present   here   are   showing   interest   in   setting   up  manufacturing as well as services sector investment" TOTO   is   the   world's   largest   plumbing   products   manufacturer.   TOTO   offers   a  complete line of commercial and decorative plumbing fixtures and fittings, faucets,  accessories, shower and flush valves, as well as lavatories, toilets, Air Baths and  urinals. According to estimates, the market for the range TOTO caters to is estimated  to be about $500 million in India and expected to grow at a healthy pace.

Vibrant Gujarat Summit 2013

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Japanese delegation led by JETRO meets the Chief Minister  

The Government of Gujarat today signed a Memorandum of Understanding (MoU) with TOTO, a leading Japanese player into sanitary ware and bath...

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