Prime Minister Narendra Modi on Friday set out a vision of India and Japan combining strengths to help shape an Asian century defined by stability, growth and prosperity.
Speaking at the India-Japan Economic Forum, he noted that Japanese companies have already invested more than $40 billion in India. The automobile industry, he added, stands out as a model of successful collaboration.
The Prime Minister urged a similar push in emerging sectors such as batteries, robotics, semiconductors, shipbuilding and nuclear energy.
Calling the partnership both ‘strategic and smart’, the Prime Minister stated, “India and Japan’s partnership is strategic and smart. Powered by economic logic, we have turned shared interests into shared prosperity. India is the springboard for Japanese business to the Global South. Together, we will shape the Asian century for stability, growth and prosperity.”
PM Modi also underlined that India has opened up the defence and space sectors. He added that this opportunity is now being extended to nuclear energy for private participation.
Stressing the complementary strengths of both nations, he described Japan as a technology hub and India as a talent hub.
India, the Prime Minister said, had made bold advances in areas such as:
- Artificial intelligence,
- Quantum computing,
- Semiconductors,
- Biotechnology, and
- Space
By combining Japanese innovation with Indian talent, the two could lead the global technology revolution.
Highlighting India’s growing importance in global affairs, PM Modi added, “The world is not just watching India, it is counting on India.”
He urged Japanese businesses to tap India’s talent and opportunities, saying, “Make in India, make for the world.”
Turning to green energy, the Prime Minister pointed to India’s targets of 500 GW of renewable power by 2030 and 100 GW of nuclear power by 2047.
He identified solar, green hydrogen and clean energy as areas of joint interest, and suggested using the joint credit mechanism to advance a sustainable future.
PM Modi further stressed that India’s skilled youth could contribute to Japan’s economy if trained in language and technical skills, creating a workforce ready to serve both countries’ needs.
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