Japan Commits to 10 Trillion Yen Investment Target in India

trhstaffer

9 months ago

Seishi Hirose, Chief Priest of Shorinzan Daruma-Temple in Takasaki-Gunma with PM Narendra Modi!

Spread love

During his Japan visit, PM Modi announced a 10-year roadmap covering investment, technology, mobility, green energy, and security, calling India–Japan “natural partners in shaping a better world.”

By TRH Global Affairs Desk

NEW DELHI, August 29, 2025 — Prime Minister Narendra Modi’s official visit to Japan has set the stage for what he described as a “new and golden chapter” in the India–Japan Special Strategic and Global Partnership, with both countries announcing a 10-year joint vision, 13 bilateral MoUs, and sweeping new initiatives across economic, technological, security, and cultural domains.

The agreements include cooperation on Chandrayaan-5 lunar exploration with JAXA, Digital Partnership 2.0, a Joint Credit Mechanism for decarbonization, critical mineral supply chain resilience, clean hydrogen and sustainable fuels, as well as cultural and academic exchanges. Japan also pledged JPY 10 trillion (approx. ₹5.5 lakh crore) in private investment in India over the next decade.

At a joint press event with Japanese Prime Minister Shigeru Ishiba, PM Modi said: “Today, we have laid a strong foundation for a new and golden chapter in our partnership. We have set a roadmap for the next decade — focused on investment, innovation, economic security, environment, technology, health, mobility, and people-to-people ties. We have set a target of 10 trillion Yen investment from Japan in India over the next ten years.”

Calling India and Japan “natural partners in shaping a better world,” Modi emphasized that their cooperation extends beyond bilateral ties:

On economic partnership, he urged Japanese companies to “Make in India, Make for the world.”
On green energy, he hailed the Joint Credit Mechanism, Sustainable Fuel Initiative, and Battery Supply Chain Partnership as a “big win.”
On technology, he called Japanese technology and Indian talent a “winning combination,” pointing to Digital Partnership 2.0, AI initiatives, and semiconductor collaboration.
On space cooperation, he welcomed the ISRO–JAXA agreement on Chandrayaan-5, saying it symbolizes “the progress of humanity beyond Earth.”
On people-to-people exchanges, Modi highlighted the plan for 500,000 exchanges, including 50,000 skilled Indians working in Japan over five years.
On strategic security, he reaffirmed India and Japan’s commitment to a “free, open, peaceful, prosperous, and rules-based Indo-Pacific.”

Major Outcomes of the Visit

13 MoUs signed across defense, technology, environment, mobility, culture, and human resource exchange.
India–Japan Economic Security Initiative launched to strengthen supply chains in semiconductors, clean energy, critical minerals, and pharmaceuticals.
Next-Generation Mobility Partnership covering high-speed rail, ports, aviation, and shipbuilding.
India–Japan AI Initiative for collaboration in large language models, R&D, and start-up support.
Launch of SMEs Forum and state-prefecture partnerships to deepen business and cultural linkages.

PM Modi concluded: “India and Japan partnership is rooted in mutual trust, reflects our national priorities, and is shaped by our shared values and beliefs. Together, we carry a common dream of peace, progress, and prosperity for our peoples, and for the world.”