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Modi Wraps Japan Visit With ¥10 Trillion Investment Goal and Economic Security Push, Heads to SCO Summit

New accords focus on AI, semiconductors, space cooperation under Chandrayaan‑5 plus a large people‑exchange program.

Overview

  • Japan set a target of ¥10 trillion (about $68 billion) in private investment in India over the next decade as the two leaders issued a new security and economic framework.
  • An Economic Security Cooperation Initiative was launched, including Digital Partnership 2.0 and cooperation on semiconductors, critical minerals, clean energy, and other strategic sectors.
  • A joint declaration on security cooperation established deeper defence industry ties and the first institutionalised dialogue between the Indian and Japanese national security advisers.
  • ISRO and JAXA agreed on a Chandrayaan‑5 implementing arrangement, and both governments announced a goal of 500,000 people exchanges over five years to expand skills and mobility.
  • Modi visited Tokyo Electron’s semiconductor facility in Sendai and then departed for Tianjin to attend the SCO summit, where meetings with Xi Jinping and other leaders are expected.