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Modi, Ishiba Unveil 10-Year IndiaJapan Roadmap With ¥10 Trillion Investment Target

The new plan prioritizes economic security through high‑tech cooperation, with a major private‑investment push.

Overview

  • Leaders announced named initiatives including an Economic Security Cooperation Initiative, a Sustainable Fuels Initiative, a Battery Supply Chain Partnership, and a Digital Partnership 2.0 with AI cooperation.
  • Modi said the two countries set a goal to facilitate human‑resources exchanges of about 500,000 people over five years to help ease Japan’s labor shortages.
  • Semiconductors and rare earth minerals were placed at the top of the high‑technology agenda alongside next‑generation mobility and logistics.
  • Talks on bullet‑train collaboration advanced, with discussions on introducing Japanese E‑10 Shinkansen coaches for the MumbaiAhmedabad project and potential production or transfer arrangements still under negotiation.
  • Modi next travels to Tianjin for the Aug. 31–Sept. 1 SCO summit, where meetings with Xi Jinping and Vladimir Putin are expected.