Former foreign Secretary Jaishankar joins Tata Group as PM relaxes ‘Cooling Off Period’

Former Indian foreign secretary S. Jaishankar, the former ambassador known for his coveted roles in Japan, singapore and China, besides the US, has been allowed to take over a new post as President of Global Corporate Affairs of Tata group and he will report to N Chandrasekaran, executive chairman of Tata Sons.

Since senior bureaucrats are bound by one-year cooling off period before accepting any private sector positions, Jaishankar had written to Prime Minister Narendra Modi for a waiver of the "cooling-off period" and reportedly got a positive reply.

In his new role, Dr. Jaishankar will oversee the Tata group’s global corporate affairs and international strategy, which includes all Tata Sons’ international offices, said a statement. "I am delighted to welcome Dr Jaishankar to the Tata Group. His extensive experience and knowledge on international affairs will be very valuable to the group as we work to reinforce our brand and leadership globally," said Chandrasekaran, Tata Sons executive chairman.

"The Tata Group is an iconic institution known for its value-based leadership as well as India’s most respected brand globally. I look forward to being part of the Tata group and working with key stakeholders to make an impact," said Jaishankar.

Jaishankar, who served as the Indian foreign secretary from January 2015 to January 2018, was an Indian Foreign Service officer of 1977 batch who played a key role in India’s relations with Japan, China, Singapore and the United states, especially in negotiating the Indo-US civilian nuclear agreement.

He had served both Manmohan singh and Narendra Modi, who had trusted his skills as an ambassador with utmost negotiating skills. He was also credited with a peaceful end to the stand-off between Indian and Chinese troops at Doklam last year. He retired on Jan. 28, 2018 from the government service.

A graduate of St Stephen’s College at the University of Delhi, he has an MA in Political Science, MPhil and Ph.D. in International Relations from Jawaharlal Nehru University.


Japan Provides $76 Million Loan for Alang-Sosiya Shipyards’ Upgradation

India has signed $ 76 Million loan deal with Japan International Cooperation Limited (JICA) to upgrade Alang-Sosiya Shipyards to upgrade the environment management plan at the recycling yards.

The total cost of the project will be $ 111 million, out of which $76 million will be provided as soft loan from JICA. Out of the remaining amount, $25 million as taxes and fees will be borne by Government of Gujarat and the balance $10 million will be shared by Ministry of Shipping & Government of Gujarat. The project will be executed by Gujarat Maritime Board (GMB) and is likely to be completed by 2022.

This project will help the Alang-Sosia ship-recycling yards to comply with international safety & environmental regulations. This will attract more business at the recycling facilities at Alang, thereby further consolidating India’s share in the global ship-recycling industry.

This project will also help in safeguarding the marine and coastal environment. The use of advanced decontamination technology will rule out the possibility of fire accidents in oil and chemical tankers, thereby ensuring workers safety.

The project is expected to result in increase in direct employment from 50,000 to 92,000 people and in-direct employment from 1.5 lakhs to 3 lakh people.

Indian Navy Chief Visits Japan, Bilateral Ties to Strengthen Further

The Chief of the Naval Staff, Admiral Sunil Lanba, has paid an official visit to Japan from 19 December 2016 in a bid to consolidate existing Maritime Cooperation initiatives as well as explore new avenues.

Defence cooperation between India and Japan is currently robust and is primarily focused towards Maritime Cooperation ever since the commencement of the India-Japan Comprehensive Security Dialogue which was initiated in 2001.

Japanese Maritime Self Defence Force (JMSDF) has participated in the MALABAR exercise in 2007, 2009, 2014 prior being included as a regular member in the exercise since 2015. JMSDF participated in MALABAR 15 and 16 held in the Bay of Bengal and Western Pacific respectively.

In 2014, Japan has also been included as an observer in the Indian Ocean Naval Symposium (IONS), a Maritime Cooperation construct conceptualised and pioneered by Indian Navy in 2008.

Both navies also engage in Navy to Navy Staff Talks which commenced in 2008. The 7th Navy to Navy Staff Talks are scheduled to be held in 2017. JDS Matsuyuki participated in the International Fleet Review 2016 held at Visakhapatnam.

The Chief of Staff of the JMSDF, Admiral Tomihisa Takei also attended the Review. Indian Navy too participated in the International Fleet Review conducted by the JMSDF in Oct 15 at Sagami Bay, Yokosuka, Japan.

JMSDF for the first time participated in the Admiral’s Cup Sailing Regatta conducted by the Indian Navy in 2016 at Indian Naval Academy, Ezhimala from 05 to 11 Dec 16. Warships of both countries regularly visit each other’s ports.

India and Japan share similar maritime challenges such as long coastline, extensive EEZ, coastal security, large coastal shipping and fishing fleet, wherein both navies have opportunities to learn from each other’s experiences. In addition common ground exists for cooperation on a number of issues common to both navies.

Indian navy chief Admiral Sunil Lamba

During the visit, Admiral Sunil Lanba is scheduled to hold discussions with Chief of Staff, JMSDF, Minister of State for Defence, Chief of Staff, Joint Staff besides other Senior Dignitaries and Naval Officers.

The friendship between India and Japan has a long history rooted in spiritual affinity and strong cultural and civilisational ties. India’s earliest documented direct contact with Japan was with the Todaiji Temple in Nara, where the consecration or eye-opening of the towering statue of Lord Buddha was performed by an Indian monk, Bodhisena, in 752 AD.

In contemporary times, among prominent Indians associated with Japan were Swami Vivekananda, Gurudev Rabindranath Tagore, JRD Tata, Netaji Subhash Chandra Bose and Judge Radha Binod Pal. The Japan-India Association was set up in 1903, and is today the oldest international friendship body in Japan.