Japan PM's visit to India to boost economic ties, strengthen cooperation across sectors including clean energy

WorldBusiness & Finance
30 Jun 2026 • 9:27 PM MYT
ANI
ANI

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New Delhi [India], June 30 (ANI): Japan Prime Minister Sanae Takaichi's visit to India from July 1 to 3 is expected to boost investment and innovation opportunities, strengthen economic ties and give a boost to efforts for building resilient supply chains in areas like semiconductors and critical minerals.

Diplomatic sources said that the focus during the visit will also be on boosting maritime security, defence tech cooperation, and developing an "Industrial Value Chain" connecting the Bay of Bengal and Northeast India.

The Japan PM will take part in the 16th India-Japan Annual Summit, which will provide an opportunity for both sides to review and strengthen the full spectrum of bilateral cooperation as well as exchange views on regional and global issues of mutual interest.

This would be the first official visit of Prime Minister Takaichi to India. This visit follows Prime Minister Modi's visit to Tokyo in August 2025 for the 15th India-Japan Annual Summit and reflects the shared commitment of the two countries to further enhance India-Japan Special Strategic and Global Partnership.

Japan PM will also attend the India-Japan Business Forum meeting.

The sources said there may be a declaration concerning AI cooperation and proposals also include a large-scale green ammonia project in Odisha, strengthening biogas cooperation, and promoting regional resilience via POWERR Asia.

"The visit aims to boost economic growth through investment and innovation. There will be focus on strengthening economic security, including building resilient supply chains in areas like semiconductors and critical minerals," a source said.

Expected outcome documents include a Joint Statement on the Annual Summit, energy resilience, and MOUs covering sectors like AI, pharmaceuticals, batteries, and critical minerals.

India and Japan upgraded ties to Special Strategic and Global Partnership in 2014.

Sources said PM Modi's visit to Japan last August set the direction for the next decade, prioritizing security, economy, investment, innovation, and people-to-people exchanges.

They said India is an indispensable partner in advancing the updated 'Free and Open Indo-Pacific (FOIP)' put forward by PM Takaichi. Both nations seek to promote an international order based on the rule of law. (ANI)

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