Japan’s Takaichi seeks deeper India ties on trade, security
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- Sanae Takaichi will visit India from July 1 for talks with Narendra Modi focused on boosting trade, investment and strategic cooperation, Tokyo's foreign ministry announced.
- The trip hosts the 16th India-Japan Annual Summit, where leaders will review progress across trade, technology, infrastructure, defence and people-to-people ties alongside regional and global issues.
- During Modi's 2025 Tokyo visit, Japan pledged to more than double investment in India to over US$61 billion (S$79 billion) over the next decade — the economic anchor for this engagement.
- Bilateral trade hit US$27.5 billion in FY2025/26, with roughly 1,400 Japanese companies operating in India (nearly half in manufacturing) and Japanese FDI reaching US$3.2 billion from April–December 2025.
- Security cooperation and a free and open Indo-Pacific are on the agenda; both nations are Quad members alongside the U.S. and Australia, with defence ties steadily expanding.
- Japanese capital is already deep in Indian assets — backing the Mumbai–Ahmedabad high-speed rail corridor and most recently purchasing a 20% stake in Yes Bank for US$1.6 billion.
Why it matters: This visit operationalizes Modi's 2025 Tokyo haul — a pledged doubling of Japanese investment to over US$61 billion over the next decade — with 1,400 Japanese firms already on the ground and trade at US$27.5 billion. Security talks on the Indo-Pacific alongside Quad partners U.S. and Australia elevate it beyond a trade dialogue, and joint business events with executives from both countries signal deal-flow intent.
