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The Economic Times

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Geetanjali V Kirloskar

India-Japan Summit: Deepening economic ties and strategic investment opportunities for next decade

As Prime Minister Sanae Takaichi starts her 3-day visit to India tomorrow as part of the 16th India-Japan Summit in New Delhi, the economic relationship between the 4th-largest economy by nominal GDP and the 6th-largest is deep and consequential. Japan has been a trusted partner in India's infrastructure journey, with projects like Mumbai-Ahmedabad High-Speed Rail Corridor, which is one of Japan's largest recipients of ODA. Over 1,400 Japanese companies have invested over $40 bn in India, and this is growing, with a revised private investment target of ¥10 tn (about ₹5.8 lakh cr) over the next decade.

Japanese companies are partnering India to shape the automotive and mobility ecosystem, with Suzuki transforming personal mobility. Honda and Yamaha have helped build categories and aspirations through their quality and technological prowess.

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