Concerned over very low presence of Japanese small & medium enterprises (SMEs) in India, the Japan government-run Japan External Trade Organization (JETRO) has coined an out-of-box idea for increasing their influx into India.

JETRO India’s Chief Director General Takashi Suzuki recently said that Indian companies acquiring Japanese SMEs, (even if these are sick but technology-wise sound) and they investing in Japan, could be one of the kick offs to promote bilateral business relations, and to raise the number of Japanese SMEs in India. Suzuki said that Jetro’s leading concern was how to increase the number of SMEs in India. While highlighting a very unique elements of Indo-Japan business relationship, he said that India had more than 1400 Japanese companies but the SMEs here were only 20 percent of the total number.