Prime Minister Narendra Modi arrived in Tokyo for a two-day visit to Japan and addressed the Joint Economic Forum. He emphasized India-Japan economic cooperation and investment opportunities, stating that Japan's technology and India's youth can together bring about a new technological revolution and job creation in the country. Both nations also signed agreements for green energy and sustainable development.
Economic Collaboration: Prime Minister Narendra Modi attended the Joint Economic Forum held in Tokyo, Japan, where he stressed the strengthening of economic and trade relations between India and Japan. PM Modi urged Japanese industrialists to invest in India and highlighted that the partnership between the two countries can bring significant changes in new technological revolutions, employment, and green energy sectors. On this occasion, Modi also underlined the importance of India-Japan investment and partnerships in the semiconductor, AI, and biotech sectors.
India-Japan Economic Cooperation and Investment Opportunities
Prime Minister Narendra Modi is on a two-day visit to Japan and addressed the Joint Economic Forum organized in Tokyo. He stated that economic and trade relations between India and Japan are continuously strengthening. Modi urged Japanese business leaders to invest in India and spoke about new possibilities opening up in the global economy through the cooperation of both countries.
Modi emphasized that Japan's advanced technology and India's talented youth can play a significant role in the country's development together. He called upon industrialists to invest with the mantra of 'Make in India, Make for the World'.
New Technological Revolution and Green Future
Prime Minister Modi said that India has undertaken bold and ambitious initiatives in the fields of semiconductors, AI, biotech, quantum computing, and space. He stated that Japan's technology and India's talent can jointly lead a new technological revolution.
Furthermore, both countries signed an agreement on a Joint Credit Mechanism for clean fuel and a green future. This will promote cooperation in green energy and sustainable development goals. The Prime Minister described the India-Japan partnership as extremely important, stating that this cooperation, from semiconductors to startups and from metro to manufacturing, is a symbol of trust.
India's Rapidly Growing Economy
Modi stated that India has political and economic stability, transparency, and predictability in its policies. This is why India has become the world's fastest-growing major economy and is poised to become the world's third-largest economy very soon.
He further informed that foreign investment is continuously increasing, and invested capital here multiplies many times over. According to a report by the Japan External Trade Organization, approximately 80 percent of companies wish to expand their business in India, with 75 percent of these companies already profitable.
