The investment plan will span a decade and is an expansion of the five trillion-yen investment goal that was announced in 2022.\u00a0PM Modi is set to visit Japan on August 29-31<\/p>\n
Japan is likely to announce a 10 trillion-yen private investment plan in India during Prime Minister Narendra Modi\u2019s upcoming visit to the country.<\/p>\n
According to a report by\u00a0The Economic Times, the investment plan will span a decade and is an expansion of the five trillion-yen investment goal that was announced in 2022.\u00a0PM Modi is set to visit Japan on August 29-31.<\/p>\n
What will happen during PM Modi\u2019s Japan visit?<\/p>\n
During the visit, New Delhi and Tokyo are expected to agree on a new framework to enhance cooperation in economic security, focusing on securing stable supplies of critical goods. This collaboration would cover areas such as semiconductors, essential minerals, communications, clean energy, artificial intelligence, and pharmaceutical products.<\/p>\n
India and Japan are also likely to announce an \u201cAI cooperation initiative\u201d for emerging technology and startups. PM Modi may also travel to Sendai in Miyagi Prefecture for the inauguration of an experimental Shinkansen bullet train car.<\/p>\n
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From 2000 to December 2024, Japan has invested approximately $43.2 billion in India, making it the fifth-largest source of foreign direct investment (FDI). Japanese FDI has primarily focused on sectors such as automobiles, electrical equipment, telecommunications, chemicals, financial services (including insurance), and pharmaceuticals.<\/p>\n
According to a brief from the Indian Embassy, more than 60 per cent of Japanese companies operating in India reported a rise in market share for their core products and services in 2024, one of the highest rates in Southwest Asia.<\/p>\n
PM Modi\u2019s Japan visit<\/p>\n
The Ministry of External Affairs has said PM Modi will be in Japan on August 29 and 30 to participate in the 15th India-Japan annual summit.<\/p>\n
This will be PM Modi\u2019s eighth visit to Japan as the prime minister.<\/p>\n
The ministry said PM Modi and his Japanese counterpart, Shigeru Ishiba, will review the Special Strategic and Global Partnership between India and Japan.<\/p>\n
It said the two prime ministers will deliberate on cooperation in the areas of defence and security, trade and economy, technology and innovation, and people-to-people exchanges, as well as discuss issues of regional and global importance.<\/p>\n
\u201cThe visit will reaffirm the longstanding special bond of friendship between the two countries,\u201d the MEA said in a statement.<\/p>\n
With inputs from agencies<\/p>\n","protected":false},"excerpt":{"rendered":"The investment plan will span a decade and is an expansion of the five trillion-yen investment goal that…\n","protected":false},"author":2,"featured_media":17647,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,179,18,19,387,15749,15750,17,386,15747,15017,15748,15746],"class_list":{"0":"post-17646","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eire","11":"tag-ie","12":"tag-india","13":"tag-india-japan","14":"tag-india-japan-ties","15":"tag-ireland","16":"tag-japan","17":"tag-japan-investment-in-india","18":"tag-pm-modi","19":"tag-pm-modi-china-visit","20":"tag-pm-modi-japan-visit"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/17646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=17646"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/17646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/17647"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=17646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=17646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=17646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}