India's Tata Group chairman to be honoured by Japan

New Delhi, May 1 (PTI) India's Tata Group Chairman Ratan Tata will be conferred 'The Grand Cordon of the Order of the Rising Sun' title by Japan for his contribution in strengthening economic relations between Japan and India. The ceremony of conferment will be held in Tokyo on May 8, 2012 at the Imperial Palace in presence of the Emperor of Japan, a statement from the Embassy of Japan said. "Tata had made a huge contribution from the perspective of promoting trade and investment in industry, as well as for improvement of the business environment in India," the statement said. Established in 1875, the order is awarded to those who have made distinguished achievements in international relations, promotion of Japanese culture, advancements in their field, development in social and occupational welfare or preservation of the environment. A Tata Group spokesperson confirmed the development. Tata has made a tremendous contribution toward the Japanese companies' foray into India, the embassy said. Tata had also worked towards the initial establishment of the Japan-India Business Leaders Forum in August 2007, as its member. "This Forum contributed to the early conclusion and implementation of the Comprehensive Economic Partnership Agreement (CEPA) between India and Japan," it said. PTI