Indian Prime Minister Atal Behari Vajpayee attended a reception hosted in his honour by Aftab Seth, the Indian ambassador to Japan, where he interacted with members of the small expatriate Indian community and watched a Hindi one-act play staged by four Japanese students.
Earlier in his address to the India Business Meeting yesterday, Mr. Vajpayee virtually played Pied Piper to Japanese investors. He held out the promise of sustained growth, saying India aimed to double per capita income over the next decade, something that would require a growth rate of at least eight percent a year.
Japan currently is the fourth-largest investor in India - after the US, Mauritius and Britain - with approved investments worth $ 2.83 billion since 1991, when New Delhi kicked off its economic reforms programme. Two-way trade between the two countries amounted to $ 3.6 billion in 2000-01.
- nriol.com report
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