August 30, 2025 — Indian Prime Minister Narendra Modi and Japanese Prime Minister Shigeru Ishiba announced a new 10-year roadmap for bilateral cooperation during the 15th India-Japan Annual Summit in Tokyo. The plan sets a target of 10 trillion yen, approximately $68 billion, in Japanese private investment in India over the next decade.
This investment goal exceeds earlier reports of $66 billion and reflects Japan’s growing confidence in India’s economic potential. The roadmap covers multiple sectors, including artificial intelligence, semiconductors, renewable energy, critical minerals, and defense. The two leaders emphasized combining Japan’s advanced technology with India’s skilled workforce to drive innovation and strengthen India’s manufacturing and global supply chain integration. Prime Minister Modi highlighted the importance of India’s “Make in India, Make for the World” initiative as a key part of this strategy.
In addition to economic collaboration, the summit addressed regional security and strategic partnerships. Both leaders reaffirmed their commitment to maintaining a free, open, and inclusive Indo-Pacific and discussed expanding cooperation in defense, cybersecurity, and space-related projects. A visit to a semiconductor plant in Sendai underscored the focus on high-tech industries as a pillar of bilateral cooperation.
Cultural diplomacy also featured during the summit. The Tokyo Skytree was illuminated in Indian national colors to symbolize friendship between the two countries. Modi engaged with Japanese governors and members of the Indian diaspora, highlighting the strong historical and cultural connections between India and Japan.
Experts say the decade-long roadmap could significantly advance infrastructure, technology, and regional security collaboration. The $68 billion investment target is expected to strengthen India-Japan economic ties, foster innovation, and reinforce both countries’ roles in the broader Indo-Pacific region.
