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PM Modi meets Japan Association of Corporate Executives, strengthens economic ties

Prime Minister Narendra Modi yesterday met a high-powered delegation from the Japan Association of Corporate Executives led by its chairperson, Takeshi Niinami, in New Delhi, for their views and ideas to deepen economic cooperation between India and Japan. The discussion covered strengthening bilateral trade, enhancing investment opportunities, and fostering collaboration in key sectors such as agriculture, marine products, space, defense, insurance, technology, infrastructure, civil aviation, clean energy, nuclear energy, and MSME partnership.

During the meeting, the Prime Minister highlighted the India-Japan Special Strategic and Global Partnership and reaffirmed India’s determination to provide a business-friendly environment. He expressed optimism that the Japan Plus system developed in India will facilitate and fast-track Japanese investments in India. Mr. Modi emphasized that there should be no ambiguity or hesitation for investors, and the Indian government is committed to ensuring a transparent and predictable environment. Mentioning India’s achievements in fields like aviation and green energy, the Prime Minister said that the country is working towards building significant infrastructure. Mr. Modi further asserted that India’s vast diversity will play a major role in enhancing the AI landscape.

The Keizai Doyukai delegation, comprising senior business leaders from Japan, shared their plans for India. Both sides expressed optimism about future collaborations and looked forward to deepening business and investment ties in the years ahead.

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