National 12 of 12

Finance Minister asks Japanese investors to look at data centres in tier two and tier three cities

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.

Venue: Bangkok, Thailand Occasion: Annual Meetings of the IMF and the World Bank Group Met: Kazuhiko Amakawa, Governor, Japan Bank for International Cooperation Fund discussed: 600 million dollar India-Japan Fund
Why it matters for exams: The venue of the IMF and World Bank Annual Meetings and the size of the India-Japan Fund are both askable facts.
Kerala PSCUPSC
16 October 2026 Source: News On AIR (Prasar Bharati)

In plain words

JBIC Japan Bank for International Cooperation — Japan's policy-based financial institution for overseas investment and development finance.

On a phone, swipe left or right to move between stories.