PM Modi Meets Keizai Doyukai Delegation to Strengthen India-Japan Economic Ties

Prime Minister Narendra Modi met with a high-powered delegation from Keizai Doyukai (Japan Association of Corporate Executives) at 7 Lok Kalyan Marg today. The delegation, led by Mr. Takeshi Niinami, Chairperson of Keizai Doyukai, included 20 prominent Japanese business leaders. The discussions aimed at deepening economic cooperation and fostering greater investment between India and Japan.

The meeting focused on strengthening bilateral trade, enhancing investment opportunities, and fostering collaboration in key sectors such as agriculture, marine products, space, defence, insurance, technology, infrastructure, civil aviation, clean energy, nuclear energy, and MSME partnerships.

Prime Minister Modi reaffirmed India’s commitment to creating a business-friendly environment and highlighted the success of the Japan Plus system, developed in India to fast-track Japanese investments. He assured the delegation of India’s transparent and predictable governance, which fosters economic growth and stability for investors.

He further emphasized the rapid growth of India’s aviation sector, citing ongoing efforts to build new airports and expand logistics capabilities. Speaking on India’s role in the artificial intelligence landscape, he underscored the country’s vast diversity and potential in AI innovation. He encouraged Japanese businesses to collaborate with India in AI research and development.

PM Modi also spoke about India’s strides in green energy, particularly in biofuels, highlighting the agricultural sector’s potential to benefit from these advancements. Additionally, he noted the opening up of the insurance sector and emerging opportunities in space and nuclear energy.

The Japanese delegation expressed strong interest in investing in India and leveraging the complementarities between the two nations, particularly in human resource and skill development. Takeshi Niinami, Representative Director, President & CEO of Suntory Holdings Ltd, lauded the thriving India-Japan relations under PM Modi’s leadership and expressed optimism about Japanese investments in India. He emphasized the potential of the ‘Make in India, Make for the World’ initiative.

Tanakaa Shigehiro, Corporate Senior Executive Vice President and Chief Government Affairs Officer of NEC Corporation, acknowledged PM Modi’s clear vision for Japanese industries in India and their role in the country’s economic growth.

The meeting reaffirmed the commitment of Japanese businesses to supporting the vision of Viksit Bharat @2047, signaling a stronger and more strategic India-Japan partnership in the years ahead.