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Japanese firms set to announce investments worth about $12.5 billion in India
Japanese companies are set to announce $12.5 billion in investments in India, strengthening bilateral cooperation in manufacturing, innovation and economic security.
As Japanese Prime Minister Sanae Takaichi began her three-day India visit, Japanese companies are set to announce investments worth nearly $12.5 billion (around 2 trillion yen) in the country.
More than 150 Japanese companies are participating in the Japan-India Economic Forum alongside the summit. The investment commitment is part of the broader commitment announced last year to facilitate 10 trillion yen in private Japanese investments in India over a decade.
In a post on X, Japan’s Deputy Chief Cabinet Secretary Masanao Ozaki, who arrived in New Delhi along with PM Takaichi, noted that over 150 companies will be participating in the Japan-India Economic Forum. In the post, Masanao added a report by Japanese newspaper The Yomiuri Shimbun, which noted that these initiatives, valued at approximately 2 trillion yen on the Japanese side, aim to deepen their footprint in India.
