In a major boost to bilateral relations, Japan has pledged 10 trillion yen (approx Rs 60,000 cr) in private-sector investments in India over the next ten years. The announcement came during the 15th India–Japan Annual Summit in Tokyo, where Prime Minister Narendra Modi met his Japanese counterpart Shigeru Ishiba.
The partnership will span multiple sectors, including critical minerals, defence, semiconductors, artificial intelligence, clean energy, and space cooperation. Both leaders also launched the Economic Security Cooperation Initiative, aimed at strengthening supply chain resilience in sensitive sectors.
As part of the agreement, 500,000 human resource exchanges are planned, with 50,000 skilled Indians set to work in Japan over the next five years. The two countries also finalised collaboration between ISRO and JAXA on the Chandrayaan-5 lunar mission, alongside joint projects in green hydrogen, solar, and ammonia energy.
Prime Minister Modi hailed the deal as a “new golden chapter” in bilateral ties, while Ishiba emphasized that combining Japanese technology with Indian talent could fuel a 21st-century tech revolution.
