"Futuristic and limitless partnership": India-Japan sign agreements on economic security, AI, defence, says PM Modi
New Delhi, July 2
India and Japan signed agreements on economic security, Artificial Intelligence, defence, and health sectors for a "futuristic and limitless" partnership, Prime Minister Narendra Modi said on Thursday.
Addressing the India-Japan Joint Economic Forum, PM Modi said that there was a "strategic synergy, confidence and clarity" between New Delhi and Tokyo. He called for a collaboration where Japan's technology and India's market present a "resilient supply chain" in semiconductors, pharma and critical minerals.
India and Japan have enhanced economic ties with Tokyo to invest 10 trillion yen in India over the next decade.
"Today, PM Takaichi and I have decided to further speed up and deepen our partnership. We signed agreements on economic security, AI, defence, health and several issues so that this partnership becomes futuristic and limitless. There is strategic synergy, confidence and clarity between our two governments. The responsibility to turn this into outcomes is yours," the Prime Minister said.
He added, "Together, all of you have to ensure that in the next decade, Japan's investment in India crosses 10 trillion yen and the number of Japanese companies in India doubles in 10 years."
Presenting a vision, he called for an India-Japan partnership shaping innovation in artificial intelligence, quantum technologies, and biotechnology.
"I present a vision before you. I see a world where Japan's technology and India's market potential together give a resilient supply chain in semiconductors, pharma and critical minerals to the world. India and Japan are shaping the next generation of innovation in artificial intelligence, quantum technologies, and biotechnology. At the same time, unprecedented collaboration in aerospace and advanced technologies will further strengthen our contribution to global security. Let us move forward with trust and confidence, deepen our mutually beneficial partnership, and work together to uphold a free, open, and rules-based global order," PM Modi said.
At the Economic Forum, PM Modi had announced a Japan Business Week, which will be organised by the PMO, to enhance ease of doing business in India.
This comes amid Japanese PM Takaichi's visit to India from July 1 to 3 at the invitation of Prime Minister Modi.
Earlier today, the leaders first held bilateral discussions before leading delegation-level talks.
The Indian delegation included External Affairs Minister S Jaishankar, National Security Adviser Ajit Doval and Foreign Secretary Vikram Misri, along with other senior officials.
During her visit, Takaichi received a ceremonial welcome at the forecourt of Rashtrapati Bhavan.
— ANI
Reader Comments
Finally some concrete steps on AI and quantum tech collaboration. But I hope we also focus on skill development for our youth, not just investments. Japanese companies bring quality standards - we need our workforce to match that.
"Futuristic and limitless partnership" - that's the vision we need! With Japan's expertise in electronics and our talent pool, we can become a global manufacturing hub. The defence cooperation is crucial too, given regional tensions.
Good diplomatic move, but let's not forget past commitments that under-delivered. The ease of doing business needs real ground-level improvement - land acquisition reforms, faster clearances. Japanese investors won't come just for speeches.
As someone who works in tech, I'm excited about the AI and quantum computing collaboration. Japan has incredible robotics research. If we can combine that with Indian IT talent, we could create really innovative solutions. 🚀
The 10 trillion yen investment is massive but here's the thing - we need to ensure it creates jobs for Indians, not just profits for MNCs. And the defence angle needs more transparency. What exactly are we cooperating on?
This is exactly what
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