Finance Minister asks Japanese investors to look at data centres in tier two and tier three cities
16 October 2026
Union Finance Minister Nirmala Sitharaman encouraged Japanese investors to explore opportunities in data centres in tier two and tier three cities in India. She was in Bangkok, Thailand, for the Annual Meetings of the International Monetary Fund and the World Bank Group, on an official visit of five days running until the 18th of the month. On the sidelines of the meetings she met Kazuhiko Amakawa, Governor of the Japan Bank for International Cooperation. The two sides discussed the use of the 600 million dollar India-Japan Fund for cooperation.
In plain words
JBIC Japan Bank for International Cooperation — Japan's policy-based financial institution for overseas investment and development finance.