At the 15th India-Japan Annual Summit in Tokyo, Prime Ministers Narendra Modi and Shigeru Ishiba agreed on a landmark economic roadmap. Japan will invest ¥10 trillion (approx ₹6 lakh crore) in India over the next decade, with an emphasis on strengthening strategic sectors such as artificial intelligence, semiconductors, critical minerals, and clean energy
Multi-sector collaboration at the core of vision plan
The investment commitment goes hand in hand with a shared decade-long “joint vision for cooperation,” focusing on innovation, mobility, health, and economic security. India and Japan also launched an Economic Security Cooperation Initiative to coordinate efforts in defense, AI, rare earth supply, and carbon credit mechanisms
Supporting SMEs and supply chains alongside large-scale infrastructure
The roadmap ensures that the benefits of this investment permeate across the economy by supporting collaborations between Indian and Japanese SMEs and startups. Additionally, it underpins supply chain resilience, especially for semiconductors, pharmaceuticals, and strategic minerals The Times of India
Investment builds on prior achievements to elevate strategic ties
This new commitment doubles Japan’s earlier ₹5 trillion target (set for 2022–26) and comes at a moment when both nations seek to balance global trade dynamics and strengthen regional stability. It reflects growing trust in India’s reforms and strategic positioning
