Japan investment in India $42 billion

In 2020, India and Japan signed a cross-servicing treaty and an acquisition to allow mutual fuel, stock of foods, and other supplies among defense forces. Japan investment in India in coming five years. Know what happened at the conference between the Japanese and Indian Prime Minister.

Brief about the post

This post will include the following discussion on the meeting of the Japanese and Indian Prime Minister:-

As the Japanese prime minister went to India during these days they discussed the strategy to develop the countries. India and Japan are expected to evolve close bilateral ties with high agenda economic cooperation. Japan will be investing in India in the upcoming five years. Read more.

The joint conference news was held a few days back in India where Fumio Kishida, the prime minister of Japan was seen in a meeting with Indian Prime Minister Narendra Modi. The summit will be held for two days where various discussions regarding the respective countries and the ongoing Russian Ukraine war will take place.

The meeting is likely to take any initiative in helping the people stuck in a war. All the details regarding the meeting is discussed below. Please scroll to know more.

Japan investment in India 2022

On 19 March 2022, a joint news conference between the Indian prime minister, Mr. Narendra Modi, and Fumio Kishida, Japanese prime minister, at Hyderabad House in New Delhi, India.

In the next five years, Japan will be investing 5 5 trillion yen, which means $42 billion and 31,89,75,93,00,000 Indian rupees, announced by Fumio Kishida on Saturday.

In this conference in 2022, India and Japan are expected to evolve close bilateral ties with high agenda economic cooperation. Being part of economic co-operation, expanding the project on bullet train beyond Mumbai-Ahmedabad corridor in India could occur.

The decision was taken in a meeting held in New Delhi, India, on Saturday. The prime ministers of Japan and India met to reinforce security in the Ukraine crisis. In addition to Japan investing in India, the motive behind the meeting was also to enhance economic ties between the two nations.

Japanese Prime minister’s words

Prime Minister Fumio Kishida: “Since the Russian invasion of Ukraine coincides with this trip, I’d like to emphasize the importance of international unity and confirm that Japan and India will work together on various issues.” Japanese prime minister said this in meeting with India prime minister on Saturday.

More about the meeting

Japan and India are part of the (QUAD) Quadrilateral Security Dialogue. QUAD is a security framework in which Australia and the United States are included. Since the Russian invasion of Ukraine, Japan has penalized dozens of Russian organizations and individuals and also received refugees from Ukraine.

The invasion started on 24 February 2022. Various Quad (Quadrilateral Security Dialogue) members have condemned the invasion. Four countries didn’t criticize the invasion, and India is one among these four countries, according to research on Japan Investing India. Read more.

Investment in 2014

Japan has been encouraging a high-speed railway construct on its technology of bullet trains and the development of India’s urban infrastructure. In 2014, Shinzo Abe, former Prime Minister of Japan, had announced a 3.5 trillion investment in India for the next five years.

At the 2022 summit, Fumio Kishida, the present Japanese Prime Minister, will attend two days summit. The last Japan- India summit was held in Tokyo in 2018. This summit would definitely help in the development and growth of the country. The partnership between India and Japan will lead to massive profits for the countries.