PM Modi presents 5-point roadmap to deepen India-Japan bilateral cooperation

Prime Minister Narendra Modi on Friday participated in the India-Japan Economic Forum in Tokyo alongside Japanese Prime Minister Shigeru Ishiba. Addressing top industry leaders, PM Modi highlighted the strong economic partnership between the two countries and laid out a five-point roadmap to deepen bilateral cooperation. “Japan has always been an important partner in India’s development journey. From metros to manufacturing, from semiconductors to startups, our partnership symbolises mutual trust in every sector. Japanese companies have invested over 40 billion dollars in India,” he said, praising the robust investment ties between the two nations. PM Modi emphasised India's transformation over the last decade, saying, “Over the past eleven years, you are all well aware of India’s unprecedented transformation. Today, India has political stability, economic stability, transparency in policies, and predictability. India is currently the fastest-growing major economy in the world and is soon set to become the third-largest economy globally... Behind this transformation is our approach of Reform, Perform, and Transform.”

Calling the partnership “strategic and smart”, the Prime Minister proposed five key areas of cooperation:

First is Manufacturing and New Sectors. “Together, we can replicate our success in manufacturing and autos in batteries, robotics, semiconductors, shipbuilding, and nuclear energy. Especially, in the development of the Global South, including Africa, our partnership holds great potential,” PM Modi remarked.

Second is 'Technology and Innovation' on which the Prime Minister said, “Japan is a technology powerhouse, and India is a talent powerhouse. India has taken bold steps in AI, quantum computing, semiconductors, biotechnology, and space. Together, we can lead the tech revolution of this century.”

"Third: Green Energy Transition," said PM Modi, adding, “India is progressing rapidly toward achieving 500 GW of renewable energy by 2030 and 100 GW of nuclear power by 2047. There are immense opportunities in solar, green hydrogen, and clean energy. Through the joint credit mechanism, we can build a clean and green future together.”

Fourth is Next-Gen Infrastructure. “In the last decade, India has made remarkable progress in logistics and mobility infrastructure. Over 1,000 km of metro lines have been built. With Japan’s support, the Mumbai-Ahmedabad high-speed rail project is progressing,” said PM Modi.

The fifth area, as suggested by PM Modi, is Skill Development and people-to-people ties. “India’s skilled youth are meeting global demands. Japan can benefit by training them in the local language and integrating them into its workforce,” he said,

PM Modi concluded by calling on Japanese businesses: “Come, Make in India and Make for the World. Together, India and Japan will help shape the ASEAN century, a century of stability, growth, and shared prosperity.”

"Like automobiles, India, Japan can recreate same magic in batteries, semiconductors," PM Modi says

Prime Minister Narendra Modi on Friday addressed the India-Japan Economic Forum where he spoke about India's deep economic ties with Japan. PM Modi also listed areas where both the countries can deepen ties in the times to come. In a post on X, he said, "Addressed a business event in Tokyo. The presence of Prime Minister Ishiba made this even more special, also indicating the priority we accord to bilateral economic linkages. Spoke about India's deep economic ties with Japan and also listed areas where cooperation can deepen in the years to come: Like we did in automobiles, recreate the same magic in batteries, robotics, semiconductors, shipbuilding, nuclear energy." "Tech-Talent synergy to power this century's technology revolution. Green energy focus for a better future. Next-gen infrastructure, where Japan's excellence and India's scale can do wonders. Skill development and people-to-people ties," he added. PM Modi while addressing the India-Japan Economic Forum in Tokyo today, PM Modi said that Japan has always been an important partner in India's 'Vikas Yatra' and pitched for a partnership in the areas of manufacturing, technology, innovation, green energy, and skill development. He also said that the world is not just watching India but also counting on it. He echoed Japanese Prime Minister Shigeru Ishiba's remarks at the forum and said, "Japan's excellence and India's scale can create a perfect partnership." In his address to the economic forum, PM Modi highlighted that the technology of Japan and talent of India can together lead the tech revolution of this century. "Japan is a tech powerhouse and India is a talent powerhouse. India has taken AI, semiconductor, quantum computing biotech and space has taken bold and ambitious intiatives," PM Modi said. He noted that India-Japan have signed an agreement on Joint Credit Mechanism for cooperation on clean fuel and green future. Today, India has political stability, economic stability, transparency in policy, and predictability, the Prime Minister said. "Today, India is the fastest-growing major economy in the world. And, very soon, it is going to become the third largest economy in the world," he said. PM Modi is visiting Japan from August 29-30 for the 15th India-Japan Annual Summit.

"Japan's excellence, India's scale can partner to create Viksit Bharat:" PM Modi

Prime Minister Narendra Modi said on Friday that strong business ties between India and Japan are a vital element in the friendship between the two countries. He took to his social media platform X to detail his address to the India-Japan Economic Forum in Tokyo, which he said was made special by the presence of his Japanese counterpart. "Addressed a business event in Tokyo. The presence of Prime Minister Ishiba made this even more special, also indicating the priority we accord to bilateral economic linkages," PM Modi said on X. He said that he spoke about India's deep economic ties with Japan and also listed areas where cooperation can deepen in the years to come "Like we did in automobiles, recreate the same magic in batteries, robotics, semiconductors, shipbuilding, nuclear energy." Prime Minister's X post read.

Tech-Talent synergy to power this century's technology revolution. Green energy focus for a better future. Next-gen infrastructure, where Japan's excellence and India's scale can do wonders. Skill development and people-to-people ties." The Japanese Prime Minister also shared a post on X. "At the Japan-India Economic Forum, I gave a greeting and welcomed the Prime Minister of the Republic of India, Mr. Modi." Official Spokesperson for the Ministry of External Affairs, Randhir Jaiswal said that both PM Modi and Shigeru Ishiba addressed the key business forum which also saw participation from CEOs and business leaders from various fields. PM Modi highlighted the significant potential of India-Japan collaboration in cutting edge technologies, manufacturing and investments and human resource exchanges, Jaiswal said. He also highlighted that Japan's excellence & India's scale together can create a perfect partnership for Make in India & Viksit Bharat. The MEA spokesperson also outlined the main points of the speech delivered by Prime Minister Modi at the forum. "Japan's excellence and India's scale are a perfect combination for Make in India and Viksit Bharat," PM Modi said.

In his address, PM Modi also listed areas where both the countries can deepen ties in the times to come. PM Modi pitched for a partnership in the areas of manufacturing, technology, innovation, green energy, and skill development. He also said that the world is not just watching India but also counting on it. He echoed Japanese Prime Minister Shigeru Ishiba's remarks at the forum and said, "Japan's excellence and India's scale can create a perfect partnership." "Be it solar cells or green hydrogen, there are immense possibilities of partnership.An agreement has been signd between India and Japan on Joint Credit Mechanism. Taking advantage of this, cooperation can be done in building a clean and green future," PM Modi said. The Prime Minister further said that over the last decade, India has made unprecedented progress in next generation mobility and logistics infrastructure. Japan's excellence and India's scale can create a perfect partnership. Further, PM Modi stated that Japan is a tech powerhouse while India is a talent powerhouse. "Japan's technology and India's talent together can lead the tech revolution of this century," the Prime Minister said. PM Modi is visiting Japan from August 29-30 for the 15th India-Japan Annual Summit.