Details
💰 New Target: Tokyo aims to trigger ¥10 trillion (USD 68 billion) in private investment in India over the next ten years.
📊 Previous Agreement: Former Prime Minister Kishida had already announced a five-year goal of ¥5 trillion (USD 34 billion) in 2022.
🤝 Political Framework: The plan is set to be confirmed at the late-August summit between Prime Minister Ishiba and Prime Minister Modi.
🔑 Focus Areas: Investments will target semiconductors, rare earths, communications, clean energy, AI, and pharmaceuticals.
🌐 Cooperation: In addition to the “Economic Security Initiative,” an “AI Cooperation Initiative” is being prepared to support start-ups and new companies.
Big Picture
Japan is positioning itself as a long-term partner for India’s industrialization and technological upgrade. The investments are also a geopolitical signal: Tokyo is strengthening the Indo-Japan axis at a time when both Washington’s tariff policies and China’s influence in the Indo-Pacific are creating pressure.
For India, it means inflows of capital and technology; for Japan, a closer connection to the world’s fastest-growing primary market.
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