Nagoya, Aug. 26 -- Stating that India is the world's fastest-growing major economy and is poised for decades of rapid growth, Union Commerce and Industry Minister Piyush Goyal on Wednesday called upon the Japanese industry and local leaders to deepen bilateral trade and manufacturing cooperation, urging businesses to expand their presence in India's growing industrial ecosystem.

Addressing the 'Celebrating India-Japan Next Generation Economic Partnership' event in Nagoya, Goyal called on the Central Japan Economic Federation (Chukeiren) to bring Japanese small and medium enterprises (SMEs) into India's new industrial corridors.

He urged the Nagoya Chamber of Commerce and Industry (NCCI) to establish an Indian presence in its sister-cham...