Modi opened the India‑Japan Annual Summit with Japanese Prime Minister Shigeru Ishiba, underlining the ambition to deepen cooperation across defence, infrastructure and cutting‑edge manufacturing. Japan is set to invest up to ¥10 trillion—about $68 billion—in India over the coming decade, a signal of intent to shift supply chains and strategic collaboration beyond conventional trade patterns.
He positioned India as a “powerhouse of talent” and spoke of Japan as a “technology powerhouse,” advocating that Japanese‑Indian synergy could spearhead the “tech revolution of this century,” with emphasis on AI, semiconductors, quantum computing, biotechnology, and space.
A highlight of the visit came as Suzuki Motor announced an $8 billion investment plan over five to six years and revealed the launch of its first electric vehicle, the “e Vitara,” from its Gujarat plant—with India positioned as its global EV hub and export base to some 100 countries. Modi referenced such developments to illustrate how global firms can not only invest in India but make it their export springboard—“made in India, exported to 100 countries.”
Beyond industrial ambitions, security and strategic cooperation within theQuadrilateral Security Dialogue took centre stage. Modi and Ishiba discussed advancing regional collaboration to promote a stable, free Indo‑Pacific, including initiatives on critical minerals, space cooperation and joint defence production.
Infrastructure innovation also featured prominently. The leaders pledged to accelerate the E10 Shinkansen high‑speed bullet train project, marking progress in India’s connectivity transformation.
India, challenged by growing trade tensions with the United States—including steep tariffs imposed on its exports—appears to be diversifying its economic and strategic portfolio. Japan’s commitments during this visit offer an alternative trajectory for investment and cooperation amid global volatility.
Modi emphasised India’s stability—politically, economically, and in policymaking—while appealing to Japanese firms to capitalise on this environment. He underscored that in India, capital “does not just grow; it multiplies,” and encouraged companies to replicate success stories like Suzuki and Daikin.
Looking ahead, Modi will travel to Tianjin from Tokyo to attend the Shanghai Cooperation Organisation summit, where he is expected to meet Chinese President Xi Jinping and President Vladimir Putin. That leg of the trip continues India’s broader recalibration of global partnerships amid shifting geopolitical landscapes.