Japanese companies increasingly look to India for business opportunities, but they have yet to fully tap the potential of one of the world's fastest-growing economies with its vast pool of skilled human resources, said participants in a recent symposium in Tokyo.
At the same time, prospective investors in India still face a wide range of problems and risks including poor infrastructure, institutional shortcomings and inadequate information disclosure, they said.
"While India is making headlines in the last year or two, it has been growing consistently for the last 25 years," with the average annual growth rate picking up to 7.5 percent to 8 percent since 2002, Arun Subramaniam, India representative of International Risk Ltd., told the Sept. 13 symposium organized by Keizai Koho Center under the theme, "Business opportunities and risks in India."