Japanese investments to rise despite India’s recent slowdown

Japan’s business ties with India look set to expand further as the pace of investments by Japanese firms continues to accelerate, despite a recent slowdown of the Indian economy and the country’s twin deficits, experts and people involved in bilateral relations said at recent events in Tokyo.

Growth in India’s gross domestic product in the January-March period was 5.3 percent – much slower than the double-digit growth that the country achieved as recently as in 2010.