Indian Prime Minister Narendra Modi said that India and Japan have set for an investment of 10 yen billions ($ 67 billion) in the country over the next 10 years. He made these comments during a joint press briefing with his Japanese counterpart Shigeru Ishiba in Tokyo on Friday August 29. Prime Minister Modi is currently on an official two-day visit to the country to attend the 15th India-Japan annual summit.
“We have set an investment target of 10 Billions of Yens from Japan in India over the next 10 years. Particular emphasis will be placed on the connection of small and medium -sized enterprises and startups from India and Japan,” said Prime Minister Modi after keeping a “productive” and “useful” conversation with the Japanese Prime Minister.
Addressing the press briefing, Prime Minister Modi spoke of the Indian-Japanese partnership in various sectors, including AI, semiconductors, environment and medicine.
“Our joint energy credits mechanism is a major victory. It shows that our green partnership is as strong as our economic partnership. In this sense, we also start sustainable fuel initiatives and the partnership of the battery supply chain. We are launching the initiative for economic security cooperation.
He added: “Cooperation in the high -tech sector is a priority for both of us. In this regard, the Digital Partnership 2.0 and the IA cooperation initiative are included. Semiconductors and rare earth minerals will be at the top of our program. ”
The Indian Prime Minister said Japanese technology and Indian talents are “a winning combination”. He said that the two nations were working on high -speed rail, ports, aviation and construction of ships. PM Modi and PM Shigeru Ishiba also praised the agreement between the ISRO and Jaxa for cooperation in the mission of Chandrayaan 5, adding that active cooperation between the two nations “will cross the limits of the earth and become a symbol of the progress of humanity in space”.
