Japan companies will invest 10 lakh crore yen in India

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Source – TET

India and Japan have further strengthened the special strategic and global partnership and have prepared a roadmap for the next 10 years for economic cooperation, security partnership, easy movement and work opportunities for each other’s workers, and cooperation in the digital and AI sectors. Not only this, Japanese companies have promised to make a new investment of 10 lakh crore Japanese Yen (68 billion dollars or about 6000 billion rupees) in India in the next 10 years. An action plan to provide easy movement and work opportunities to the workers of both the countries. A 10-year roadmap was prepared in the talks between PM Modi and Ishiba. Five lakh Indians will get jobs in Japan. All the top representatives of the Japanese industry and the entire cabinet were present at the India-Japan Economic Forum.

A day before, the Japanese team was going to America for talks on the business agreement, the tour has been postponed. It has been said that this will open the way for five lakh Indian trained workers to go to Japan. The joint statement issued after the 15th Japan-India annual summit chaired by Prime Minister Narendra Modi and Japanese Prime Minister Shigeru Ishiba in Tokyo has been named ‘Roadmap for Next Generation Security and Prosperity’ which describes the long-term strategy of both the countries.

PM Modi reached Tokyo on Friday morning on a two-day visit to Japan. A few hours later, he addressed the India-Japan Economic Forum along with PM Ishiba. Apart from top representatives of the Japanese industry, Ishiba’s entire cabinet was present in it. Indian officials said that the atmosphere of the conference was somewhat different. Let us tell you that Japan is also upset with the tariff policy of US President Donald Trump. A day earlier, a Japanese team was going to go to the US for talks on a trade agreement, but it was postponed. While the entire Japanese industry was present to welcome Prime Minister Modi. The forms of mutual cooperation issued after the summit show the efforts being made by the governments of both the countries. An action plan in the field of exchange of human resources, a vision document on economic cooperation for the next 10 years, a joint statement on security cooperation and a joint statement on cooperation in the field of science and technology were issued separately.

Japan
Source – TH

Joint vision between India and Japan for the next decade

After the Japan-India annual summit chaired by Prime Minister Narendra Modi and Japanese PM Shigeru Ishiba in Tokyo, several agreements were announced in a joint statement.

Officials said that Japan has rarely issued so many joint cooperation documents at a top-level meeting with any other country before. A separate document titled ‘Eight Guidelines’ was issued to guide the special strategic and global partnership, which includes next generation economic partnership, economic security partnership, mobility of professionals and workers, cooperation in the field of environmental protection, partnership in technology and research, investment and cooperation in the health sector, increasing partnership between the people of the two countries and creating better coordination between the governments.

50 thousand skilled professionals included in five lakh people: Both the countries said that in the next five years, more than five lakh people, including

After the meeting, three big announcements were made in the field of economy to security, nine agreements were also signed

50,000 skilled Indian professionals will be able to go to Japan. For this, a campaign is being started in India to prepare skilled professionals required for Japanese language and Japanese industry. Special importance will be given to Indian professionals trained in the IT sector in Japan. There is a shortage of labour in the IT sector of Japan. Also, cooperation will be done to attract more students from India in the universities of Japan. Japan will especially encourage Indian students of science. PM Modi said, ‘As the two largest economies and vibrant democracies of the world, our partnership is very important not only for both the countries but also for global peace and stability. Strong democratic countries are natural partners in shaping a better world.

Japan
Source – HT

How did this Japan tsunami reach India… Agreements worth several billion rupees from steel to space, a big message for Trump

A tsunami of Japanese investment is about to hit India. Both countries have further strengthened their economic partnership. Several agreements (MoUs) have been signed between India and Japan. Under these agreements, Japan will invest more than 10 billion yen (about Rs 5,99,354 crore) in India. This investment will be in many areas. These include industry, clean energy and exchange of human resources. India is now playing an important role in the world economy. Japan’s increasing investment is a sign of confidence in India’s potential. This is also a message to US President Donald Trump that he should not make the mistake of bullying the world. There are other countries through which India can compensate for the loss of exports to America. Japan on Friday set a target of investing 10 thousand billion yen in India in a decade. Both sides prepared a major framework to increase cooperation in many key areas like critical minerals, defense and technology. This decision was taken amid economic turmoil due to the US Trump administration’s policies on trade and tariffs. The announcements to expand the India-Japan Special Strategic and Global Partnership were made after the summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba.

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