During his visit to Japan, Prime Minister Narendra Modi addressed the Joint Economic Forum in Tokyo, highlighting the potential of the India-Japan partnership to drive a technological revolution. He emphasized the fusion of Japanese technology and Indian talent as a key driver for national progress. PM Modi emphasized Japan’s importance as a partner in India’s growth, calling on Japanese businesses to ‘Make in India, Make for the World.’ The collaboration extends to cutting-edge fields like semiconductors, AI, and space technology. Furthermore, India and Japan have formalized an agreement on a Joint Credit Mechanism to boost cooperation in clean energy and foster a sustainable future. The Prime Minister highlighted the mutual trust that underscores the India-Japan relationship across multiple sectors. He also remarked on the substantial investments made by Japanese companies in India. Modi also stated that India is experiencing increasing economic stability, transparent policies, and strong growth, and is on track to become the world’s third-largest economy. He noted that a report from the Japan External Trade Organization indicated a strong interest from Japanese companies in expanding their operations in India, with a high percentage already showing profitability.
