IIMB hosts India-Japan Startup Hub Seminar on April 30. Japan’s Trade & Industry Minister Hiroshige Seko inaugurates the India Japan Study Centre at IIMB
Japan’s Trade & Industry Minister Hiroshige Seko inaugurates the India Japan Study Centre at IIMB
30 April, 2018: The Indian Institute of Management Bangalore (IIMB) hosted Japan’s Minister of Economy Trade and Industry Hiroshige Seko at the India-Japan Start-up Hub Seminar at the IIMB Auditorium, on April 30 (Monday). The seminar was jointly organized by IIMB, NASSCOM and the Japan External Trade Organization (JETRO).
Realizing the enormous potential to leverage each other’s technical capabilities, in 2017 the Indian and Japanese Prime Ministers, through the joint declaration, agreed to establish the ‘India-Japan Startup Hub’ which would serve as a platform for promotion of information exchange, business collaboration and investments between the vibrant and innovative start-up ecosystems of the two nations. Minister Hiroshige Seko’s talk, in Japanese, highlighted the various programs and activities to be taken up under the Joint Startup Hub initiative.
In his keynote address, the minister said he was glad to be in Bangalore to launch the start-up hub initiative, which will be officially announced tomorrow (Tuesday). “The collaboration between Japan and India will get a huge boost with the launch of this hub for startups. The Government of Japan has also committed to infrastructure investment in India and clean energy.” Observing that Bangalore’s growth is driven by start-up talent, he said he was excited to cultivate a new India-Japan relationship based on this driver. “A pressing issue in Japan is an ageing population, and I would like to involve Indian start-up talent to help us develop a model to tackle this challenge,” he said.
Listing the proactive steps taken by Japan to invite highly skilled professionals from India like the Green Card or permanent residency and a dedicated resource for Indian talent at JETRO, on a lighter note, he quipped that he was also looking at increasing the number of Indian restaurants in Japan.
“In order for the startup hub to function optimally, it is important to have full stakeholder support. Do use the hub to further friendly Japan-India economic relations,” he added.
On September 14, 2017, when Japan’s Prime Minister Shinzo Abe, and India’s Prime Minister Narendra Modi inaugurated the Rs.1.1 trillion high speed rail project, IIM Bangalore set about deepening India and Japan’s bilateral engagement – especially economic and educational ties, by inaugurating the India-Japan Study Centre on campus on the same day. The aim of the India Japan Study Centre at IIMB is to promote understanding of Japan in India and India in Japan through research, teaching and policy outreach efforts. “At a macro level, there are complementarities between India and Japan in the sphere of economic development. We have a lot to learn from Japan on infrastructure and technology management, and we can offer them insights on the start-up culture,” said Professor G. Raghuram, Director, IIMB, in his welcome address. “The hosting of the Joint Startup Hub Seminar, is one such step in this direction,” he added.
Naming the six universities in Japan that IIMB has MoUs with, Professor Raghuram stated that students from IIMB also visit Japan as part of a course called Business Planning for International Markets (BPIM). “Our faculty have joint research publications with faculty in Japan, and we hope the India Japan Study Centre will take all these initiatives further.”
Highlighting the role of IIMB’s incubation centre, the NSRCEL, in nurturing early stage startups in India, Professor Raghuram said he looked forward to support from JETRO in leveraging this centre to reach Japanese companies, especially in sectors such as agritech, fintech, infrastructure and mobility. “We would also like our students to get employment opportunities in Japan and we would like to see more students from Japan in our long-duration MBA programmes.”
In his opening remarks, Dr. Saurabh Srivastava, Co-Founder, India Angel Network and a key figure in the Indian IT space, shared his vision of collaborating with Japan as an Indian investor. “By 2030, tech entrepreneurship will drive the Indian economy. The country is optimizing to empower problem solvers and this is being driven by Digital India. This New India needs to forge connections with Japan.” Emphasizing that India needs to learn to focus on quality and details from Japan, he said: “US markets are leveraging India’s startup talent. Japan should too. There is huge opportunity for India and Japan to share talent, technologies and business models to co-create products and solutions for the world.”
Kazuya Nakajo, Chief Director General, JETRO, New Delhi, offered a brief overview of Japanese companies in India (from 267 in 2006 to 1369 in 2017). “Needless to say, Japan is giving high priority to India among other Asia Pacific countries.” Japan’s endeavor, he said, is to explore new investments in a wide range of industries like IT, Services, Food Processing and Startups. “Indian industry needs to reach the stage where it is more deeply connected to Japan. India is not an easy market but those who have created a long-term strategy with some patience have succeeded in this market.”
Guests at the seminar included the Japanese Ambassador in India, Kenji Hiramatsu, the Consul-General of Japan in India, Takayuki Kitagawa, and JETRO President Yasushi Akahoshi.
IIMB hosts India-Japan Startup Hub Seminar on April 30. Japan’s Trade & Industry Minister Hiroshige Seko inaugurates the India Japan Study Centre at IIMB
Japan’s Trade & Industry Minister Hiroshige Seko inaugurates the India Japan Study Centre at IIMB
30 April, 2018: The Indian Institute of Management Bangalore (IIMB) hosted Japan’s Minister of Economy Trade and Industry Hiroshige Seko at the India-Japan Start-up Hub Seminar at the IIMB Auditorium, on April 30 (Monday). The seminar was jointly organized by IIMB, NASSCOM and the Japan External Trade Organization (JETRO).
Realizing the enormous potential to leverage each other’s technical capabilities, in 2017 the Indian and Japanese Prime Ministers, through the joint declaration, agreed to establish the ‘India-Japan Startup Hub’ which would serve as a platform for promotion of information exchange, business collaboration and investments between the vibrant and innovative start-up ecosystems of the two nations. Minister Hiroshige Seko’s talk, in Japanese, highlighted the various programs and activities to be taken up under the Joint Startup Hub initiative.
In his keynote address, the minister said he was glad to be in Bangalore to launch the start-up hub initiative, which will be officially announced tomorrow (Tuesday). “The collaboration between Japan and India will get a huge boost with the launch of this hub for startups. The Government of Japan has also committed to infrastructure investment in India and clean energy.” Observing that Bangalore’s growth is driven by start-up talent, he said he was excited to cultivate a new India-Japan relationship based on this driver. “A pressing issue in Japan is an ageing population, and I would like to involve Indian start-up talent to help us develop a model to tackle this challenge,” he said.
Listing the proactive steps taken by Japan to invite highly skilled professionals from India like the Green Card or permanent residency and a dedicated resource for Indian talent at JETRO, on a lighter note, he quipped that he was also looking at increasing the number of Indian restaurants in Japan.
“In order for the startup hub to function optimally, it is important to have full stakeholder support. Do use the hub to further friendly Japan-India economic relations,” he added.
On September 14, 2017, when Japan’s Prime Minister Shinzo Abe, and India’s Prime Minister Narendra Modi inaugurated the Rs.1.1 trillion high speed rail project, IIM Bangalore set about deepening India and Japan’s bilateral engagement – especially economic and educational ties, by inaugurating the India-Japan Study Centre on campus on the same day. The aim of the India Japan Study Centre at IIMB is to promote understanding of Japan in India and India in Japan through research, teaching and policy outreach efforts. “At a macro level, there are complementarities between India and Japan in the sphere of economic development. We have a lot to learn from Japan on infrastructure and technology management, and we can offer them insights on the start-up culture,” said Professor G. Raghuram, Director, IIMB, in his welcome address. “The hosting of the Joint Startup Hub Seminar, is one such step in this direction,” he added.
Naming the six universities in Japan that IIMB has MoUs with, Professor Raghuram stated that students from IIMB also visit Japan as part of a course called Business Planning for International Markets (BPIM). “Our faculty have joint research publications with faculty in Japan, and we hope the India Japan Study Centre will take all these initiatives further.”
Highlighting the role of IIMB’s incubation centre, the NSRCEL, in nurturing early stage startups in India, Professor Raghuram said he looked forward to support from JETRO in leveraging this centre to reach Japanese companies, especially in sectors such as agritech, fintech, infrastructure and mobility. “We would also like our students to get employment opportunities in Japan and we would like to see more students from Japan in our long-duration MBA programmes.”
In his opening remarks, Dr. Saurabh Srivastava, Co-Founder, India Angel Network and a key figure in the Indian IT space, shared his vision of collaborating with Japan as an Indian investor. “By 2030, tech entrepreneurship will drive the Indian economy. The country is optimizing to empower problem solvers and this is being driven by Digital India. This New India needs to forge connections with Japan.” Emphasizing that India needs to learn to focus on quality and details from Japan, he said: “US markets are leveraging India’s startup talent. Japan should too. There is huge opportunity for India and Japan to share talent, technologies and business models to co-create products and solutions for the world.”
Kazuya Nakajo, Chief Director General, JETRO, New Delhi, offered a brief overview of Japanese companies in India (from 267 in 2006 to 1369 in 2017). “Needless to say, Japan is giving high priority to India among other Asia Pacific countries.” Japan’s endeavor, he said, is to explore new investments in a wide range of industries like IT, Services, Food Processing and Startups. “Indian industry needs to reach the stage where it is more deeply connected to Japan. India is not an easy market but those who have created a long-term strategy with some patience have succeeded in this market.”
Guests at the seminar included the Japanese Ambassador in India, Kenji Hiramatsu, the Consul-General of Japan in India, Takayuki Kitagawa, and JETRO President Yasushi Akahoshi.