India and Japan have established a roadmap for investment and economic relations over the next decade. The agreement was reached during a summit between Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida. A significant announcement from this meeting was Japan’s goal to invest 10 trillion yen (approximately 68 billion dollars) in India over the coming ten years.
This agreement comes amid growing global economic uncertainty due to American trade policies. While neither leader explicitly mentioned the United States, they emphasized strengthening international systems and prioritizing national interests.
Modi and Kishida also launched an “Economic Security Initiative” aimed at stabilizing supply chains in crucial sectors, including semiconductors, telecommunications, pharmaceuticals, and emerging technologies. They jointly finalized a “Security Cooperation Declaration,” which will aid both nations in addressing current defense challenges.
Modi highlighted that the partnership between the world’s two largest economies and vibrant democracies is essential not only for the two countries but also for global peace and stability. He noted that the India-Japan relationship is built on mutual trust, national priorities, and shared values.
In a joint statement, Kishida urged the Indian government to simplify regulations and reforms for Japanese companies. In response, Modi promised to enhance India’s investment environment and invited more Japanese businesses to invest in India.
Discussions also covered defense and security issues. Both leaders expressed concern over China’s aggressive behavior in the South China Sea and the East China Sea. Modi and Kishida committed to working together to maintain a free and rules-based Indo-Pacific region.
Modi stated that both nations share common perspectives on combating terrorism and cybersecurity. He emphasized their mutual interests in defense and maritime security. Kishida added that Japan and India can effectively address their challenges by leveraging each other’s strengths, noting that Japanese investment and technology will further empower India’s “Make in India” and “Make for the World” initiatives.
Original Source: https://assam.nenow.in/japan-to-invest-rs-6800-crore-in-india-modi-ishiba-meeting/
Category: দেশ,বাণিজ্য,শীর্ষ সংবাদ
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Publish Date: 2025-08-30 11:25:00
