5 days ago
India, Japan Shift Economic Partnership Toward High-Tech Growth
India and Japan have worked together for many years on factories, technology and projects such as the Delhi Metro.
Piyush Goyal said their friendship is now growing into new areas.
These areas include computer chips, artificial intelligence, clean energy, space and robots.
The countries also want supply chains to keep working during future global problems.
More than 200 business representatives from India and other countries joined Goyal’s visit.
Goyal said a Japanese robotics company quickly found an Indian company to invest in.
The wider plan follows a goal of attracting JPY 10 trillion in Japanese private investment to India over ten years.
In 2026, the countries will celebrate 75 years of diplomatic relations with the “India-Japan Year of Shared Horizons.”
Piyush Goyal said India and Japan are broadening their economic relationship beyond conventional manufacturing.
Bilateral discussions focused on semiconductors, artificial intelligence, clean energy, defence-linked manufacturing, space, robotics and resilient supply chains.
The partnership builds on a 2025 target for JPY 10 trillion in Japanese private investment in India over ten years.
During Goyal’s four-day visit, an Indian robotics investment opportunity was reportedly identified by a Japanese company.
2026 will be designated the “India-Japan Year of Shared Horizons” to mark 75 years of diplomatic relations.
- Who
- India, Japan and Indian Commerce and Industry Minister Piyush Goyal, along with business representatives from both countries.
- What
- The countries are developing a next-generation economic partnership focused on high technology, economic security, resilient supply chains and critical infrastructure.
- Where
- Japan, including Tokyo and Osaka, with investment and manufacturing activity planned in India.
- When
- The discussions took place during Goyal’s four-day visit, described as occurring last week; 2026 is planned as the “India-Japan Year of Shared Horizons.”
- Why
- To expand beyond the traditional model of Japanese capital and technology paired with India’s market and talent, while strengthening economic security and industrial development.
Key facts
- Investment target
- JPY 10 trillion in Japanese private investment in India over ten years.
- Target established
- The investment goal was set during Prime Minister Narendra Modi’s 2025 visit to Japan.
- Priority sectors
- Semiconductors, artificial intelligence, clean energy, defence-linked manufacturing, space and robotics.
- Business delegation
- More than 200 people from India and the wider business community accompanied Goyal.
- Reported outcome
- A Japanese robotics company identified an Indian company to invest in and make robots in India.
- 2026 designation
- The “India-Japan Year of Shared Horizons” will mark 75 years of diplomatic relations.
Quotes
Piyush Goyal
India’s Commerce and Industry Minister
“The conversations I had last week were not about factories alone. They were about economic security. Resilient supply chains that do not break the next time the world does. Semiconductors. Artificial intelligence. Clean energy. Defence-linked manufacturing. Space. Robotics for ageing societies.”
businesstoday.in
“I was talking to a company in robotics on Monday in Tokyo, and today in Osaka, they have identified a company in India to invest in and make robots in India.”
businesstoday.in
Sources
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