India-Japan Ties Get Major Boost As Modi Targets Record 10 Trillion Yen Investment In Next 10 Years

<p>In a landmark moment for bilateral relations, Indian Prime Minister Narendra Modi and Japanese Prime Minister Shigeru Ishiba met in Tokyo on Friday, exchanging a series of strategic agreements aimed at deepening economic, technological, and cultural ties between the two Asian giants. The high-profile summit marked a renewed commitment to a &ldquo;Special Strategic Global Partnership&rdquo; that has been evolving over the past decade.</p>
<p>Addressing a joint press conference, PM Modi described the talks as &ldquo;productive and purposeful,&rdquo; highlighting the shared responsibility of India and Japan as the world&rsquo;s largest democracies.</p>
<p>&ldquo;Strong democracies are natural partners in shaping a better world,&rdquo; he said. &ldquo;Today, we have laid the foundation for a new, golden chapter in our special strategic and global partnership, charting a roadmap for the next decade. At the center of our vision are investment, innovation, economic security, environmental sustainability, technology, health, mobility, and people-to-people exchanges.&rdquo;</p>
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<p dir=”ltr” lang=”en”><a href=”https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw”>#WATCH</a> | Tokyo, Japan: PM Narendra Modi says, “…Our discussions today were productive as well as purposeful. We agree that as the two largest economies of the world and living democracies, our partnership is essential not just for the two countries but also for global peace and&hellip; <a href=”https://t.co/2MhYbpsRmx”>pic.twitter.com/2MhYbpsRmx</a></p>
&mdash; ANI (@ANI) <a href=”https://twitter.com/ANI/status/1961385063486296184?ref_src=twsrc%5Etfw”>August 29, 2025</a></blockquote>
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<h2>Investment of 10 Trillion Yen</h2>
<p>PM Modi also announced an ambitious target of 10 trillion yen in Japanese investment into India over the next ten years, with a special focus on linking small and medium enterprises (SMEs) and startups from both countries. He underscored that sectors such as artificial intelligence, semiconductors, healthcare, and environmental technology would be at the forefront of this collaboration.</p>
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<p dir=”ltr” lang=”en”><a href=”https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw”>#WATCH</a> | Tokyo, Japan: PM Narendra Modi says, “We have set a goal of investment of 10 Trillion Yen from Japan in India in the next 10 years. Special emphasis will be laid on connecting India’s and Japan’s small and medium enterprises and startups.”<br /><br />(Video: ANI/DD) <a href=”https://t.co/d2pnnaNC93”>pic.twitter.com/d2pnnaNC93</a></p>
&mdash; ANI (@ANI) <a href=”https://twitter.com/ANI/status/1961385915022283108?ref_src=twsrc%5Etfw”>August 29, 2025</a></blockquote>
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<p>Echoing Modi&rsquo;s sentiments, PM Ishiba welcomed the Indian delegation and reflected on the enduring cultural and spiritual ties between the two nations. &ldquo;Our relationship stretches back to the 6th century, when Buddhism was introduced to Japan. Today, India stands as the world&rsquo;s most populous nation, driving innovation that impacts the entire globe,&rdquo; Ishiba said, recalling his visit to Varanasi six years ago.</p>
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<p dir=”ltr” lang=”en”>VIDEO | Addressing the joint press meet with PM Narendra Modi, Japanese PM Shigeru Ishiba says, “I would like to warmly welcome Prime Minister Modi and his delegation. Six years ago, in August, I had the privilege of visiting Varanasi… Today, India stands as the world&rsquo;s most&hellip; <a href=”https://t.co/ayPN3aDrL6”>pic.twitter.com/ayPN3aDrL6</a></p>
&mdash; Press Trust of India (@PTI_News) <a href=”https://twitter.com/PTI_News/status/1961385091122462748?ref_src=twsrc%5Etfw”>August 29, 2025</a></blockquote>
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<p>The leaders&rsquo; discussions culminated in the signing of multiple agreements and memorandums of understanding (MoUs), reinforcing both security and economic cooperation. Key outcomes of the summit include:</p>
<h2>Key Agreements and Initiatives Between India and Japan</h2>
<p>India-Japan Joint Vision for the Next Decade &ndash; A 10-year roadmap focusing on economic partnership, innovation, mobility, ecological sustainability, health, people-to-people exchanges, and state-prefecture cooperation.</p>
<h3><strong>Key Agreements and Initiatives Between India and Japan</strong></h3>
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<li><strong>India-Japan Joint Vision for the Next Decade</strong><span style=”font-weight: 400;”> &ndash; A 10-year roadmap focusing on economic partnership, innovation, mobility, ecological sustainability, health, people-to-people exchanges, and state-prefecture cooperation.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Joint Declaration on Security Cooperation</strong><span style=”font-weight: 400;”> &ndash; A framework to bolster defence and security collaboration in line with the strategic partnership.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Human Resource Exchange Action Plan</strong><span style=”font-weight: 400;”> &ndash; Promotes a two-way exchange of 500,000 people over five years, including 50,000 skilled and semi-skilled Indian workers to Japan.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Joint Crediting Mechanism MoC</strong><span style=”font-weight: 400;”> &ndash; Facilitates adoption of decarbonization technologies and Japanese investments aligned with India&rsquo;s emission reduction goals.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Digital Partnership 2.0 MoU</strong><span style=”font-weight: 400;”> &ndash; Expands cooperation in AI, IoT, semiconductors, digital public infrastructure, talent development, and joint R&amp;D.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Mineral Resources Cooperation</strong><span style=”font-weight: 400;”> &ndash; Enhances critical mineral supply chain resilience via joint exploration, processing, and stockpiling initiatives.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>ISRO-JAXA Lunar Polar Exploration Agreement</strong><span style=”font-weight: 400;”> &ndash; Defines cooperation for the Chandrayaan-5 mission, marking a landmark collaboration in space exploration.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Clean Hydrogen and Ammonia Declaration</strong><span style=”font-weight: 400;”> &ndash; Strengthens joint research, investment, and innovation in renewable energy technologies.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Cultural Exchange MoU</strong><span style=”font-weight: 400;”> &ndash; Promotes art, museum partnerships, and the exchange of cultural preservation practices.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Decentralized Wastewater Management MoU</strong><span style=”font-weight: 400;”> &ndash; Supports sustainable wastewater reuse and environmental protection.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Environmental Cooperation MoU</strong><span style=”font-weight: 400;”> &ndash; Facilitates collaboration in pollution control, climate action, biodiversity conservation, and green technologies.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Sushma Swaraj Institute and Japan Ministry of Foreign Affairs MoU</strong><span style=”font-weight: 400;”> &ndash; Encourages exchanges among diplomats, researchers, and experts to enhance mutual understanding in foreign policy.</span><span style=”font-weight: 400;”><br /></span></li>
<li><strong>Science and Technology Cooperation Statement</strong><span style=”font-weight: 400;”> &ndash; Advances collaboration in research, start-ups, and industry engagement through joint scientific programs.</span></li>
</ol>
<p>This summit coincides with PM Modi&rsquo;s first visit to Japan since May 2023. He arrived in Tokyo on Thursday and was received with a Guard of Honour before engaging in the 15th India-Japan Annual Summit. Following Japan, PM Modi is set to attend the Shanghai Cooperation Organisation Summit in Tianjin, China.</p>