This was being done keeping in mind the “Make in India” policy of the government and to make India an attractive destination for investors from the 2 countries.
- After PM Modi’s announcement that all Japanese citizens would get “visas on arrival”, the government has decided to extend it only to the business community for now.
- The government is actively considering including South Korea in this category.
- Japan and South Korea are already on the list of 113 countries whose citizens can arrive in India through an electronic tourist visa on arrival (e-TV) platform.
- Japan had earmarked a $11-12-billion fund for “Make in India”.
- At least 3 Japanese firms were given the go-ahead in 2015 to set up shop in India.