India and Japan have entered a new chapter in their long-standing friendship, as Japanese Prime Minister Shigeru Ishiba announced a historic $68 billion investment plan during Prime Minister Narendra Modi’s recent visit to Tokyo. Spread over the next decade, this commitment marks a threefold increase from earlier investments, making Japan one of India’s most trusted and valuable partners.
The investment will focus on sectors that are shaping the future—artificial intelligence, semiconductors, clean energy, space research, and defense cooperation. These areas are not only vital for economic growth but also for strengthening technological resilience and creating opportunities for both countries.
Beyond economics, the visit also deepened strategic security ties. The two leaders reaffirmed their commitment to a free, open, and rules-based Indo-Pacific, upgrading the 2008 Security Cooperation Pact. This includes stronger technology transfers, defense collaboration, and regular joint exercises. At a time when global challenges are reshaping geopolitics, this partnership is seen as a step towards stability in Asia.
PM Modi and PM Ishiba also focused on industrial and technological collaboration. Modi visited Tokyo Electron and a semiconductor plant in Sendai, highlighting India’s ambition to become a global hub for advanced manufacturing. Japan’s expertise in technology and India’s vast talent pool make this cooperation a win-win.
Another highlight was the space partnership, with Japan agreeing to join India’s Chandrayaan-5 mission, aimed at exploring lunar water and deep space research. This marks a significant milestone in scientific collaboration between the two nations.
With this massive investment and strengthened cooperation, India and Japan are not just celebrating friendship—they are building a shared vision for the future. Together, the two Asian democracies are set to lead in innovation, security, and sustainable growth.