the system. India established the “Japan Plus” office in the Ministry of Commerce and Industry in October as a “one-stop” location for resolving problems faced by Japanese companies. Japan and India agreed to set up candidates of Japanese industrial townships around DMIC and CBIC areas in April . Prime Minister Abe requested India’s early decision on introducing special incentive packages in Japanese industrial townships in December and November .
India decided to introduce the Shinkansen system in December , when Prime Minister Abe visited India. The Japan’s Shinkansen system is the highest class of High-Speed Railway systems around the world in terms of its safety and accuracy. Japan and India confirmed that the general consultant would start its work in December with the construction work to begin in , and the railway operation would commence in . India has been the largest recipient of Japanese ODA loan in the past decades.
Delhi Metro is one of the most successful examples of Japanese cooperation through the utilization of ODA. India’s primary exports to Japan have been petroleum products, chemicals, ( countries, under the theme of “Resurgent Japan, Vibrant India: New Perspectives, New Exchanges.” During the visit of our Prime Minister to Japan in November , the two Prime Ministers agreed to mark the year as the Year of Japan-India Friendly Exchanges to further enhance people-to-people exchanges between Japan and India.