Japanese Prime Minister Sanae Takaichi and Indian Prime Minister Narendra Modi have forged a stronger alliance, focusing on security, economic resilience, and cutting-edge technologies during their recent summit in New Delhi. The leaders underscored their dedication to maintaining a free and rules-based Indo-Pacific region. They expressed mutual concerns about economic coercion and developments in the East China Sea and South China Sea.
In a bid to reinforce economic ties, Japan and India are set to bolster their supply chains, particularly in strategic sectors like semiconductors and critical minerals. The partnership is poised to expand, with plans for joint military exercises and enhanced cooperation in naval vessel maintenance and defense equipment development. Additionally, a “two-plus-two” meeting, involving foreign and defense ministers from both countries, is scheduled for later this year to further cement this collaboration.
Economically, the summit witnessed the signing of 129 memorandums of understanding between Japanese and Indian companies. These agreements represent investments valued at approximately ¥2 trillion ($12.4 billion) and span sectors such as semiconductors, artificial intelligence, automotive manufacturing, and advanced technologies. This move is expected to significantly boost economic engagement between the two nations.
The leaders also agreed to intensify their cooperation in artificial intelligence, setting a target to bring 500 Indian AI specialists to Japan by 2030. This initiative aims to foster joint research and innovation, highlighting the growing collaboration in emerging technologies. The agreement reflects a shared vision for technological advancement and innovation in both countries.