"I had a very good interaction with six financial institutions and banks this afternoon... The high level of integrity and good governance that has been the focus of Prime Minister Narendra Modi has excited investors who wished to commit large amount of capital particularly for the energy sector," Goyal said here.
He was addressing reporters here at the India-Japan Strategic Energy Dilogue where CII is leading a high powered business delegation.
"Most bankers expressed deep satisfaction at the growing importance that Japan places on Indo-Japanese Strategic Partnership and wish to participate in this engagement," the minister said.
The minister also had a meeting with top executives of Japanese companies like JPower and Hitachi.
Also Read
"Almost unanimously all... Have expressed great deal of satisfaction at the progress made by the new government in building up investors sentiments, allaying the fear of several investors developed in the last few years, particularly after the slowdown of the economy which was compounded with the series of litigations which tampared the investment moods," he said.
"They have expressed satisfaction that the government is taking proactive measures to resolve these problems particularly through UDAY programme," he said.
Goyal said that Softbank has expressed its willingness to
invest more in India. "Softbank is in a mood to invest more, so it is a win win for all of us," he said.
"I can see traction in Japanese companies (both investors and lenders) to come and invest in India," he added.
The figures could range into several billion dollars, the Minister added.
According to Rajeev Kannan of SMBC, the Japanese companies are keen to come to India. "We as a banker try to support these companies to get into Indian market", he said adding that "they want to see that there is a clear cut government policy."
The bank which has one branch in New Delhi is looking to expand in India in cities like Mumbai.
IL&FS Energy's Rajsekhar Budhavarapu who is also part of CII delegation, said that the company is developing a 500 MW energy storage park with Rajasthan Government. "The work on first phase is underway," he said.