Japan to invest 10 trillion yen in India over in next one decade

Prime Minister Narendra Modi on Friday held summit talks with his Japanese counterpart Shigeru Ishiba, with an aim to further expand overall bilateral ties, including in areas of trade, investment and emerging technologies.
Japan to invest 10 trillion yen in India over in next one decade
Prime Minister Narendra Modi on Friday held summit talks with his Japanese counterpart Shigeru Ishiba
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Tokyo | Prime Minister Narendra Modi on Friday held summit talks with his Japanese counterpart Shigeru Ishiba, with an aim to further expand overall bilateral ties, including in areas of trade, investment and emerging technologies.

The two leaders met for the 15th India-Japan summit hours after Modi landed in the Japanese capital.

Before the summit talks, the prime minister, addressing the India-Japan Business Forum, said Japan's technology and India's talent together can lead the tech revolution of this century.

Former Japanese prime ministers Yoshihide Suga and Fumio Kishida called on Modi.

The summit talks between the two leaders are expected to produce a number of outcomes, especially in areas of trade and investment.

The volume of India-Japan bilateral trade was recorded at USD 22 billion in 2023–24.

Japan is India's fifth-largest source of foreign direct investment, with USD 43.2 billion cumulative investment recorded up to December 2024.

Japan on Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic turbulence by the Trump administration's policies on trade and tariffs.

The announcements on expanding India-Japan special strategic and global partnership were made following summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.

We have set a target of 10 trillion yen investment in India from Japan in the next 10 years, Modi, flanked by Ishiba, said in his media statement.

The prime minister, who landed in Tokyo this morning, said India-Japan cooperation is crucial for global peace and stability, and both sides have laid a strong foundation for a "new and golden chapter" in the partnership.

We have created a 10-year roadmap for cooperation in a range of areas, including investment, innovation, and economic security, he said.

In his remarks, the prime minister said India and Japan are fully committed to a free, open, peaceful, prosperous and rules-based Indo-Pacific.

Both sides also decided to further strengthen cooperation in the field of the defence industry and innovation.

Concerns of India and Japan regarding terrorism and cybersecurity are the same, Modi said, adding that both sides have shared interests in boosting defence and maritime security.

The India-Japan partnership is rooted in mutual trust, reflects our national priorities and is shaped by our shared values and beliefs, he said.

"Strong democracies are natural partners in shaping a better world," he said.

In his remarks, the Japanese prime minister said both sides need to take advantage of each other's strengths to deal with next-generation challengesJapan on Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic turbulence by the Trump administration's policies on trade and tariffs.

The announcements on expanding India-Japan special strategic and global partnership were made following summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.

We have set a target of 10 trillion yen investment in India from Japan in the next 10 years, Modi, flanked by Ishiba, said in his media statement.

The prime minister, who landed in Tokyo this morning, said India-Japan cooperation is crucial for global peace and stability, and both sides have laid a strong foundation for a "new and golden chapter" in the partnership.

We have created a 10-year roadmap for cooperation in a range of areas, including investment, innovation, and economic security, he said.

In his remarks, the prime minister said India and Japan are fully committed to a free, open, peaceful, prosperous and rules-based Indo-Pacific.

Both sides also decided to further strengthen cooperation in the field of the defence industry and innovation.

Concerns of India and Japan regarding terrorism and cybersecurity are the same, Modi said, adding that both sides have shared interests in boosting defence and maritime security.

The India-Japan partnership is rooted in mutual trust, reflects our national priorities and is shaped by our shared values and beliefs, he said.

"Strong democracies are natural partners in shaping a better world," he said.

In his remarks, the Japanese prime minister said both sides need to take advantage of each other's strengths to deal with next-generation challenges Japan on Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic turbulence by the Trump administration's policies on trade and tariffs.

The announcements on expanding India-Japan special strategic and global partnership were made following summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.

We have set a target of 10 trillion yen investment in India from Japan in the next 10 years, Modi, flanked by Ishiba, said in his media statement.

The prime minister, who landed in Tokyo this morning, said India-Japan cooperation is crucial for global peace and stability, and both sides have laid a strong foundation for a "new and golden chapter" in the partnership.

We have created a 10-year roadmap for cooperation in a range of areas, including investment, innovation, and economic security, he said.

In his remarks, the prime minister said India and Japan are fully committed to a free, open, peaceful, prosperous and rules-based Indo-Pacific.

Both sides also decided to further strengthen cooperation in the field of the defence industry and innovation.

Concerns of India and Japan regarding terrorism and cybersecurity are the same, Modi said, adding that both sides have shared interests in boosting defence and maritime security.

The India-Japan partnership is rooted in mutual trust, reflects our national priorities and is shaped by our shared values and beliefs, he said.

"Strong democracies are natural partners in shaping a better world," he said.

In his remarks, the Japanese prime minister said both sides need to take advantage of each other's strengths to deal with next-generation challenges

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