Prime Minister Shri Narendra Modi met Mr. Tadashi Yanai, Chairman, President & CEO of Fast Retailing Co. Ltd., the parent company of Uniqlo, on 23 May 2022 in Tokyo. During the meeting, they discussed the rapidly growing textile and apparel market of India and investment opportunities under Production Linked Incentive (PLI) scheme for textile projects in India. They also discussed various reforms being undertaken to enable ease of doing business for foreign investors in India including in the areas of industrial development, infrastructure, taxation and labour.
Prime Minister invited Uniqlo’s enhanced participation in India’s journey to becoming a manufacturing hub for textiles, particularly the use of technologies in textile manufacturing. Prime Minister also invited Uniqlo to take part in the PM-Mitra scheme aimed at further strengthening the textiles sector.
PM @narendramodi interacted with Mr. Tadashi Yanai, Chairman, President and CEO of @UNIQLO_JP. Mr. Yanai appreciated the entrepreneurial zeal of the people of India. PM Modi asked Mr. Yanai to take part in the PM-Mitra scheme aimed at further strengthening the textiles sector. pic.twitter.com/fKCjWwYNH2
— PMO India (@PMOIndia) May 23, 2022
