Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi will hold a high-level bilateral meeting in New Delhi on Thursday as part of the 16th India–Japan Annual Summit. The two leaders are scheduled to review the India–Japan strategic partnership and discuss measures to strengthen cooperation in defence, trade, investment, technology and other key sectors.
The annual summit will also focus on economic cooperation, investment, technological collaboration and regional security.
Prime Minister Sanae Takaichi arrived in New Delhi on Wednesday evening for a three-day official visit to India. She received a ceremonial welcome at Rashtrapati Bhavan on Thursday. India's Ministry of External Affairs welcomed her on social media platform X, stating that the visit would further strengthen bilateral relations between the two countries.
The summit agenda includes strengthening the India–Japan strategic partnership, enhancing cooperation on economic security and supply chains, promoting technological innovation and investment, and advancing peace and stability in the Indo-Pacific region.
More than 150 Japanese companies and business organisations are expected to participate in the India–Japan Joint Economic Forum being held alongside the summit. The forum aims to enhance cooperation between the private sectors of both countries and explore new investment opportunities.
According to an ANI report, around 120 Memoranda of Understanding (MoUs) are expected to be signed during the summit. The agreements are expected to facilitate investments of approximately USD 12.5 billion, equivalent to more than ₹1 lakh crore, in India.
Before departing for India, Prime Minister Sanae Takaichi told the media in Tokyo that Japan intends to expand cooperation with India in three priority areas: strengthening the India–Japan strategic partnership in the current global environment, enhancing economic security and supply chain cooperation, and increasing private sector participation in investment and innovation. She said both countries could work together towards building a b and stable economic future.
The Japanese Prime Minister also said that India and Japan have an important role in implementing the Free and Open Indo-Pacific (FOIP) vision. She indicated that both countries would work together to strengthen peace, stability and a rules-based order in the Indo-Pacific region.
