Leading Japanese manufacturers have already invested in the Indian market, which can be regarded as a result of the development of bilateral cooperation in the sphere of trade and investments. Japanese companies have been investing in India’s various industries in the past decades and have been part of the country’s manufacturing and industrial growth. These companies are especially involved in automotive, electronics and machinery industries where they introduce new technologies and better ways of production. Among the branches of the economy that attract the largest investments of Japanese companies, the automotive industry is most prominent. These companies have established huge manufacturing complexes in various states, thus making India a major automobile manufacturing center. They are not only contributing to the domestic market but also to export market where they reveal the country’s capability for becoming a manufacturing hub. Some of the lean manufacturing strategies like just-in-time production have helped Japanese firms to enhance efficiency and productivity of factories in India. This has also impacted Indian manufacturers to improve their industry practices.
Japanese manufacturers have greatly contributed to electronics production with special emphasis on consumer electronics and components. Through investment in R&D, they have been able to spur innovation and improve the technology skills of the employees. In addition, these companies engage local firms in partnerships, which form strategic alliances that provide benefits to the involved companies. Also, the Japanese manufacturers are quite involved in India’s infrastructure industry especially in construction and equipment industries. They have been able to bring in precision engineering and high quality production standards to the overall manufacturing modernization of India.
In this special issue, we introduce you to the top Japanese manufacturers in India. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
We welcome your feedbacks and suggestion that you may have concerning this special issue.