Economy
India and Japan Chart Bold Joint Vision for the Next Decade Trade, Technology, and Mobility Take Center Stage.

India and Japan have taken a decisive step toward deeper collaboration by unveiling a transformative joint vision for the coming decade, focusing on areas that promise to create lasting impact for both nations and the wider Indo-Pacific region. This new agreement was announced during the annual summit in Tokyo, bringing together Prime Minister Narendra Modi and his Japanese counterpart Ishiba Shigeru to solidify eight strategic lines of effort including trade, technology, and human mobility.
At the heart of their renewed partnership is an ambitious plan to double Japanese investment in India, targeting 10 trillion yen in the next ten years. Both countries expect this to jumpstart a new era of innovation, boosting start-ups and small businesses while enhancing market access for cutting-edge industries like semiconductors, artificial intelligence, and green energy. Modi and Ishiba emphasized that their partnership would empower business, create jobs, and drastically modernize economic infrastructure—moving from mere policy statements to practical action.
Mobility and people-to-people exchanges form another central pillar of this roadmap. Over half a million professionals, students, and workers are expected to move between the two countries in the next five years—giving a fresh, dynamic edge to talent flow and cultural understanding. Special programs will also encourage skilled Indian workers to contribute to Japan’s high-tech sectors, while Japanese expertise in quality manufacturing and advanced research will support India’s growing aspirations in technology.
Security and stability also feature prominently in the joint vision. India and Japan reaffirmed their commitment to a free and open Indo-Pacific and pledged greater cooperation on defense, cybersecurity, and critical maritime issues. This approach not only strengthens bilateral safety but also provides a reassuring presence for the region’s ongoing stability, especially as geopolitical challenges evolve.
With this landmark vision, India and Japan are signaling their intent to lead by example—showcasing how vibrant democracies can work together to drive progress, shape technology, and enable prosperity. The next decade may well mark a turning point, with collaborative action delivering real change across Asia and beyond.