Abenomics and Modinomics means greater opportunities: Nomura

July 17, 2014 16:52

Drawing comparisons between 'Abenomics and Modinomics', Japanese financial major Nomura has said that Japan can play an important role in developing India's infrastructure and manufacturing sectors.

'Abenomics' is widely used for economic policies and reform measures initiated by Japanese Prime Minister Shinzo Abe, while 'Modinomics' refers to that of Indian Prime Minister Narendra Modi, who had recently said that partnership with Japan was of high priority for his government.

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