Japan an ‘indispensable partner’ in India’s continuing transformation: PM Modi

PM discusses opportunities in digital learning, FinTech, infra and logistics network with head of Japanese IT giant NEC Corporation.

Ahead of a bilateral meeting with his Japanese counterpart, Prime Minister Narendra Modi on Monday, May 23, 2022, said that he sees Japan as an “indispensable partner” in India’s continuing transformation, asserting that New Delhi’s speed and scale combined with ease of doing business, attractive incentives, bold reforms and ambitious plans create unmatched opportunities for Japanese businesses.

Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.

Mr. Modi will have a bilateral meeting with Mr. Kishida on Tuesday, their second meeting in two months.

In the article titled ‘India-Japan: A Partnership for Peace, Stability and Prosperity’, he said that in the last few years, India has embarked on a journey to build a strong foundation for the manufacturing sector, services, agriculture and digital technology infrastructure.

“I see Japan as an indispensable partner in India’s continuing transformation,” Modi said.

For Japan, India’s speed and scale combined with ease of doing business, attractive incentives, bold reforms and ambitious plans create unmatched opportunities, he said.

“We have also fostered a dynamic startup ecosystem in India, with over 100 unicorns. Japanese capital is already playing an important role in this effort. And there is potential for a great deal more,” according to Mr. Modi.