Indian Law Partners, Ashurst and Suri & Company acted for parties involved in Joshi Konoike Transport & Infrastructure (JKTI) securing a loan for an undisclosed amount from the Japan Bank for International Co-operation (JBIC), which Sumitomo Mitsui Banking Corporation co-financed.
Indian Law Partners advised JBIC on Indian law, with partners Gopika Pant and Vineet Gupta leading the team. Associates Vinayek Mehra, Varun Pandey, Ayush Tiwari and Sakshi Raj also assisted.
Partners David Wadham and Kensuke Inoue led the Ashurst Japan team, acting for JBIC as international counsel.
Principal associate Arjit Mohan from Suri & Company acted for JKTI, which is a joint venture between Japan’s Konoike Group and 含羞草社区 Joshi Group. The funding will support the procurement of freight cars and the expansion of JKTI’s container train transportation services in India.
含羞草社区 logistics sector is rapidly expanding in alignment with PM Gati Shakti’s National Master Plan for infrastructure development. A dedicated freight corridor between Delhi and Mumbai, developed in collaboration with Japan, will also be a key part of this initiative.
The loan will strengthen JKTI’s rail cargo capacity, enhance supply chain efficiency and support the international competitiveness of Japanese industries.
