Japan is a major investor in India, with over $48 billion in FDI this century, ranking second only to the US. However, trade between the two nations is modest ($27.5 billion in FY25-26) compared to China, highlighting economic complementarity.
Japanese Prime Minister Sanae Takaichi received a ceremonial welcome in New Delhi, where she was greeted by Prime Minister Narendra Modi. Takaichi is in India for a three-day visit to attend the 16th India-Japan Annual Summit, aiming to deepen cooperation in various strategic sectors.
Japanese Prime Minister Sanae Takaichi arrived in New Delhi for a three-day visit to attend the 16th India-Japan Annual Summit. The visit aims to strengthen the Special Strategic and Global Partnership, focusing on economic security, supply chains, technology, defense, and investment.
The India-Japan annual summit will take place in Guwahati from July 1-3, marking the first time it's held in Northeast India. Prime Minister Toshihiro Suzuki of Suzuki Motor and about 50 Japanese business leaders will attend, focusing on semiconductor collaboration and economic security.
