Prime Minister Shri Narendra Modi and Prime Minister of Japan, H.E. Mr. Shigeru Ishiba attended the India-Japan Economic Forum, organized by the Confederation of Indian Industry and Keidanren [Japan Business Federation] in Tokyo on 29th August 2025. Leading industry figures from India and Japan, including CEOs of the India-Japan Business Leaders’ Forum, participated in the meeting.
In his address, Prime Minister highlighted the success of the India-Japan Special Strategic and Global Partnership, in particular the bilateral collaboration in the fields of investment, manufacturing and technology. Inviting Japanese companies to further enhance their footprint in India, he noted that the Indian growth story presented exciting opportunities for them. He stated that deepening economic partnership between trusted friends were particularly relevant in the context of the present turbulent global economic scenario. Prime Minister emphasised that political stability, policy predictability, commitment to reforms and Ease of Doing Business efforts gave a new confidence to investors in the Indian market, which is aptly reflected in the latest credit rating upgrade of India by global agencies.
Underlining the significant potential for collaboration in cutting edge technologies, manufacturing, investments and human resource exchanges between India and Japan, Prime Minister stated that India was contributing around 18% to global growth and was on course to become the third largest economy in the world in a few years. Given the complementarities of the two economies, he highlighted five key areas for greater business collaboration between Japan and India towards MAKE IN INDIA and other initiatives. They are: i] Manufacturing - in the fields of batteries, robotics, semiconductors, ship-building and nuclear energy; ii] Collaboration in Technology and Innovation, including in AI, Quantum Computing, Space and Biotech; iii] Green Energy Transition; iv] Next-Gen Infrastructure, including mobility, high speed rail and logistics; and iv] Skill development and people-to-people ties. Full remarks of Prime Minister may be seen here [Link]
Prime Minister Ishiba, in his address, noted the interest of Japanese companies in forming partnerships between Indian talent and Japanese technology to build resilient supply chains. He underlined three priorities between India and Japan: strengthening P2P partnerships, fusion of technology, green initiatives and market, and cooperation in critical sectors of high and emerging technologies, in particular semiconductor.
The report of the 12th India Japan Business Leaders’ Forum (IJBLF) was presented by the co-chairs of IJBLF to both leaders. Highlighting the burgeoning partnerships between Indian and Japanese Industry, Mr. Norihiko Ishiguro, Chairman and CEO of the Japan External Trade Organization (JETRO), announced various B2B MoUs signed between Indian and Japanese companies in a range of sectors such as steel, AI, space, education and skills, clean energy and human resource exchanges.
भारत की विकास यात्रा में, जापान हमेशा एक अहम पार्टनर रहा है।
— PMO India (@PMOIndia) August 29, 2025
Metro से लेकर manufacturing तक, semiconductors से लेकर start-ups तक, हर क्षेत्र में हमारी साझेदारी, आपसी विश्वास का प्रतीक बनी है: PM @narendramodi
In India, capital does not just grow, it multiplies: PM @narendramodi
— PMO India (@PMOIndia) August 29, 2025
आज भारत में political stability है, economic stability है, policy में पारदर्शिता है, predictability है।
— PMO India (@PMOIndia) August 29, 2025
आज भारत विश्व की सबसे तेज grow करने वाली major economy है।
और, बहुत जल्द विश्व की तीसरी सबसे बड़ी economy बनने जा रहा है: PM @narendramodi
हमने ease of doing business पर बल दिया है।
— PMO India (@PMOIndia) August 29, 2025
बिजनेस के लिए single digital window अप्रूवल की व्यवस्था की है: PM @narendramodi
S&P Global ने, दो दशक बाद, भारत की Credit Rating Upgrade की है।
— PMO India (@PMOIndia) August 29, 2025
The world is not just watching India, it is counting on India: PM @narendramodi
Auto sector में हमारी भागीदारी बेहद सफल रही है।
— PMO India (@PMOIndia) August 29, 2025
हम साथ मिलकर, वही magic, बैटरीज़, रोबोटिक्स, सेमी-कन्डक्टर, शिप-बिल्डिंग और nuclear energy में भी दोहरा सकते हैं।
साथ मिलकर, हम ग्लोबल साउथ, विशेषकर अफ्रीका के विकास में अहम योगदान दे सकते हैं।
मैं आप सबसे आग्रह करता हूँ- Come,…
भारत ने AI, semiconductor, quantum computing, biotech और space में bold और ambitious initiatives लिए हैं।
— PMO India (@PMOIndia) August 29, 2025
जापान की technology और भारत का talent मिलकर इस सदी के tech revolution का नेतृत्व कर सकते हैं: PM @narendramodi
जापान के सहयोग से Mumbai और Ahmedabad हाई स्पीड रेल पर काम चल रहा है। लेकिन हमारी यात्रा यहीं नहीं रूकती।
— PMO India (@PMOIndia) August 29, 2025
Japan’s excellence and India’s scale can create a perfect partnership: PM @narendramodi
India and Japan’s partnership is strategic and smart.
— PMO India (@PMOIndia) August 29, 2025
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…
