At the 15th India–Japan Annual Summit in Tokyo on August 29, 2025, Prime Ministers Narendra Modi and Shigeru Ishiba unveiled a bold new investment chapter: Japan will commit ¥10 trillion (about $68 billion) in private sector investment over the next decade. This nearly doubles the earlier target, marking a significant deepening of economic ties.

These investments will span key areas like semiconductors, AI, critical minerals, clean energy, mobility, and healthcare, and include expanded cooperation in economic security, defence, and technological innovation. The summit also rolled out a 10-year joint vision, signifying more than just capital flow it signifies a strategic realignment in an increasingly volatile global landscape.

PM Modi framed India as a prime destination for global talent and manufacturing. “Make in India, make for the world,” he urged, inviting Japanese firms to drive mutual growth through combined talents and innovation.

White paper: The promise of this massive capital flow gestures toward a new “golden chapter” in India-Japan strategic partnership designed not only to propel India’s economic transformation, but also to deepen regional stability and global tech leadership.