Japan Business Desk

India and Japan have shared a rich past with various fruitful business relationships; and in the coming future, the trend doesn’t seem to slow down any time soon. Our Japan Business Desk aims to be an active stakeholder between the two countries, opening gateways of opportunities for Japanese investment and businesses coming to India and vice versa.

Why India?

India and Japan have complemented each other productively on the global stage, with both the countries sharing a high regard of mutual business interests. Japan has carved a niche of its own as one of India’s prime business allies. Japanese Industrial Townships (JITs) have been established dedicated hubs across several states and various key Indian cities.

Japan Doing business Group:Japan India Map

3rd largest FDI partner
Japan is currently India’s 3rd largest investor in terms of FDI, with investments to the tune of 30.27 billion USD from April 2000 – March 2019

14th largest import partner
Japanese imports to India were worth 12.77 billion USD in 2018-19, making it India’s 14th largest import partner

Over 1,400 companies
As of date, over 1,400 Japanese companies (ranging from SMEs to major corporations) have set up operations in India

Over 5,000 business establishments
As of date, over 5,000 Japanese business establishments have been set up in India

JITs have tax incentives and exemptions
Tax incentives, exemptions in utility charges for 5-10 years, single window clearances and quality infrastructure are some of the benefits provided to investors in the JITs

India Entry Strategy

Jv Icon

In order to gain an understanding of the local market and develop a medium or long-term presence, a Japanese company can partner with an Indian company to form a joint venture

India Entry Strategy Icon

Wholly owned subsidiaries are preferred as the mode of incorporation in cases such as setting up a manufacturing capability, or aiming to establish long-term market presence

Korea Business Group

To study the local market or to stay in India for a short-term duration for certain projects or activities, incorporation of liaison offices, branch offices and project offices are preferred as the mode of entry

Factors Affecting India Entry

While evaluating the Indian market for business expansion and to better prepare for undertaking operations in the Indian market, below are a few important aspects that should be considered

Indian tax scenario

An evolving tax scenario which aims to strike the right balance between direct taxes and indirect taxes can be seen as a challenge for market entrants

Ease of doing business ranking

After climbing to rank 63, India has steadily improved in the EODB rankings and now plans to improve further with focus on 6 major areas

Evolving market and consumer dynamics

Modernization and a rising urban population has heavily influenced consumer dynamics, as India continues its push to become a global business hub

A suitable base of operations

A strong push towards business-conducive public policy and development of relevant ecosystems has primed the country for foreign entrants in its market

What Can Coinmen Do To Help

As a multi-disciplinary firm, Coinmen helps companies by helping them incorporate, operate and expand in the Indian landscape. Via our specialties in financial and business advisory, we undertake a holistic approach to bridge cultural and business gaps for continual growth. Our range of services is highlighted below.

Setting Up a Business

Setting up a Business

Financial Accounting

Financial Accounting

Korea business Group : Tax Management

Tax Management

Corporate Finance

Corporate Finance

Transfer Pricing Icon

Transfer Pricing

audit & assurance services

Audit and Assurance

Download our firm profile for complete details on what we do to help Japanese companies do business in India.