As India and Japan deepen economic cooperation amid rising geopolitical tensions and supply chain realignments, industry leaders say the next phase of the partnership will not be shaped by billion-dollar investment announcements alone, but by whether thousands of small manufacturers can become part of Japanese production networks.
Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi on Thursday agreed to strengthen cooperation across energy, artificial intelligence (AI), critical minerals, and resilient supply chains, as both countries seek to reduce dependence on China and build trusted manufacturing partnerships.