PM Modi Unveils 5-Point Plan At India-Japan Economic Forum

Prime Minister Narendra Modi on Friday joined Japanese Prime Minister Shigeru Ishiba at the India-Japan Economic Forum in Tokyo, addressing senior business leaders and setting out a five-point plan to enhance cooperation.

Commending the depth of investment relations, PM Modi stated, “Japan has always been an important partner in India’s development journey. From metros to manufacturing, from semiconductors to startups, our partnership symbolises mutual trust in every sector. Japanese companies have invested over 40 billion dollars in India.”

He further pointed to India’s transformation over the last decade, asserting, “Over the past eleven years, you are all well aware of India’s unprecedented transformation. Today, India has political stability, economic stability, transparency in policies, and predictability. India is currently the fastest-growing major economy in the world and is soon set to become the third-largest economy globally. Behind this transformation is our approach of Reform, Perform, and Transform.”

India–Japan 5-Point Plan Explained

Describing the partnership as ‘strategic and smart’, the Prime Minister outlined five priority areas:

• First – Manufacturing and New Sectors

PM Modi noted, “Together, we can replicate our success in manufacturing and autos in batteries, robotics, semiconductors, shipbuilding, and nuclear energy. Especially, in the development of the Global South, including Africa, our partnership holds great potential.”

• Second – Technology and Innovation

“Japan is a technology powerhouse, and India is a talent powerhouse. India has taken bold steps in AI, quantum computing, semiconductors, biotechnology, and space. Together, we can lead the tech revolution of this century,” the Prime Minister remarked.

• Third – Green Energy Transition

“India is progressing rapidly toward achieving 500 GW of renewable energy by 2030 and 100 GW of nuclear power by 2047. There are immense opportunities in solar, green hydrogen, and clean energy. Through the joint credit mechanism, we can build a clean and green future together,” PM Modi added

• Fourth – Next-Generation Infrastructure.

The Prime Minister noted, “In the last decade, India has made remarkable progress in logistics and mobility infrastructure. Over 1,000 km of metro lines have been built. With Japan’s support, the Mumbai-Ahmedabad high-speed rail project is progressing.”

• Fifth – Skills and Exchanges

“India’s skilled youth are meeting global demands. Japan can benefit by training them in the local language and integrating them into its workforce,” PM Modi emphasised.

Concluding his address, the Prime Minister invited Japanese companies to seize opportunities.

“Come, Make in India and Make for the World. Together, India and Japan will help shape the ASEAN century, a century of stability, growth, and shared prosperity,” PM Modi said.

Also Read: From Semiconductors To Startups, India–Japan Partnership Symbolises Mutual Trust: PM Modi