Tokyo: Prime Minister Narendra Modi, on a two-day visit to Japan, urged global investors to view India as a hub for both innovation and manufacturing, telling Japanese business leaders: “Come make in India, make for the world.”
Addressing the India-Japan Joint Economic Forum in Tokyo, PM Modi highlighted the deepening economic partnership between the two nations. “Japan has been a trusted partner in India’s growth journey from semiconductors to start-ups. Japanese companies have already invested more than $40 billion in India,” he said, underscoring how bilateral ties have expanded into futuristic sectors.
According to Nikkei Asia, Japan is preparing to channel 10 trillion yen (about $68 billion) into India over the next decade, with investments targeted at artificial intelligence, clean energy, semiconductors, and healthcare innovation.
Citing recent data, the Prime Minister emphasized India’s appeal to global investors. “Eighty percent of Japanese companies wish to expand in India, and 75 percent are already profitable. In India, capital does not just grow it multiplies,” he remarked. “Over the last 11 years, India has seen an unprecedented transformation political stability, economic stability, and transparent governance. We are the world’s fastest-growing major economy and soon to be the third-largest.”
During his visit, PM Modi will also tour Tokyo’s Electron Factory and the Tohoku Shinkansen plant in Sendai, where Japan’s high-speed bullet train coaches are manufactured. He will be accompanied by Japanese Prime Minister Shigeru Ishiba, with talks expected to advance Tokyo’s role in India’s own bullet train project.
The visit is set to further cement India-Japan cooperation, positioning both nations as key players in shaping the economic and technological future of the Indo-Pacific region.