Overview

• New Delhi and Tokyo issued a joint declaration on security cooperation that creates the first institutionalised dialogue between their national security advisers.
• The Economic Security Cooperation Initiative launched with Digital Partnership 2.0 and a new AI initiative, prioritising semiconductors and rare earth supply chains.
• Leaders set a goal of mobilising ¥10 trillion (about $68 billion) in Japanese investment in India over the next ten years, with an emphasis on SMEs and startups.
• ISRO and JAXA agreed to collaborate on the Chandrayaan-5 mission, alongside a Sustainable Fuels Initiative and a Battery Supply Chain Partnership.
• A formal target was set to facilitate 500,000 two-way exchanges over five years, including pathways for 50,000 skilled Indian workers in Japan, while the leaders plan to inspect a Shinkansen plant with an E-10 coach deal expected.