In an interview, Takuma Otaki of the Japan External Trade Research Organization (Jetro) said a business delegation, including semiconductor firms, is planning to visit India after March to scout for potential investments.
Otaki, who serves as director at Jetro's Delhi office, said Japanese semiconductor firms are interested in jointly working with Indian companies in developing and designing chips. They will also explore setting up fabrication facilities here, he added.
Otaki cited the instance of the collaboration between Renesas, a Japanese semiconductor firm, and Indian automaker Tata Motors Ltd. The partnership between Renesas, an automotive semiconductor maker, and Tata Motors was announced in June.
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