"Japan Aims To Invest $42 Billion Over Next 5 Years In India": PM Modi

[Vanguard One]

Japan's Fumio Kishida, accompanied by a high-level delegation, arrived in Delhi at around 3:40 pm on his first visit to India as the head of the Japanese government.​

New Delhi:
Japan aims to invest $42 billion over the next five years in India, Prime Minister Narendra Modi said after a bilateral meeting with his Japanese counterpart Fumio Kishida in Delhi this evening. "Japan will raise its investment target in India to an ambitious 5 trillion yen or ₹ 3.2 lakh crore ($42 billion) over the next five years," announced PM Modi.

Mr Kishida, accompanied by a high-level delegation, arrived in Delhi for the 14th India-Japan Annual Summit at around 3:40 pm on his first visit to India as the head of the Japanese government.

The two sides inked six agreements providing for the expansion of bilateral cooperation in a range of areas, besides firming a separate clean energy partnership.

At a joint briefing, PM Modi said deepening India-Japan ties will not only benefit the two countries but will also help in encouraging peace, prosperity and stability in the Indo-Pacific region.

Former Japanese Prime Minister Shinzo Abe in 2014 announced 3.5 trillion yen in investment and financing over five years during a visit to India.

Japan has been supporting India's urban infrastructure development and a high-speed railway based on its bullet train technology.

Earlier in the day, the two leaders met at the Hyderabad House in the national capital and discussed ways to boost economic and cultural linkages between the two countries as per the Prime Minister's Office.

Prime Minister Modi had spoken to PM Kishida on phone in October 2021 soon after he assumed office. Both sides expressed a desire to further strengthen the special strategic and global partnership.

This year also marks the 70th anniversary of the establishment of diplomatic relations between the two countries.

"Japan Aims To Invest $42 Billion Over Next 5 Years In India": PM Modi

Japan aims to invest $42 billion over next 5 years in India, PM Modi says after bilateral meeting

www.ndtv.com

Why is India a so called "superpower" begging to the world for money?

 

[manpk77]

Japan's Fumio Kishida, accompanied by a high-level delegation, arrived in Delhi at around 3:40 pm on his first visit to India as the head of the Japanese government.​

New Delhi:
Japan aims to invest $42 billion over the next five years in India, Prime Minister Narendra Modi said after a bilateral meeting with his Japanese counterpart Fumio Kishida in Delhi this evening. "Japan will raise its investment target in India to an ambitious 5 trillion yen or ₹ 3.2 lakh crore ($42 billion) over the next five years," announced PM Modi.

Mr Kishida, accompanied by a high-level delegation, arrived in Delhi for the 14th India-Japan Annual Summit at around 3:40 pm on his first visit to India as the head of the Japanese government.

The two sides inked six agreements providing for the expansion of bilateral cooperation in a range of areas, besides firming a separate clean energy partnership.

At a joint briefing, PM Modi said deepening India-Japan ties will not only benefit the two countries but will also help in encouraging peace, prosperity and stability in the Indo-Pacific region.

Former Japanese Prime Minister Shinzo Abe in 2014 announced 3.5 trillion yen in investment and financing over five years during a visit to India.

Japan has been supporting India's urban infrastructure development and a high-speed railway based on its bullet train technology.

Earlier in the day, the two leaders met at the Hyderabad House in the national capital and discussed ways to boost economic and cultural linkages between the two countries as per the Prime Minister's Office.

Prime Minister Modi had spoken to PM Kishida on phone in October 2021 soon after he assumed office. Both sides expressed a desire to further strengthen the special strategic and global partnership.

This year also marks the 70th anniversary of the establishment of diplomatic relations between the two countries.

"Japan Aims To Invest $42 Billion Over Next 5 Years In India": PM Modi

Japan aims to invest $42 billion over next 5 years in India, PM Modi says after bilateral meeting

www.ndtv.com

Why is India a so called "superpower" begging to the world for money?

this post is the reason why India is ahead of us.

 

[Great Janjua]

It's just good foreign affairs by Indians at play here folks. Nothing is out of reach if we try, but the will and interest are not expressed from our side.

We are more focused on establishing relations with the Africans and central Asians we have unintentionally blinded the eastern block.

 

[Great Janjua]

this post is the reason why India is ahead of us.

Exactly.

 

[INS_Vikrant]

Japan is really investing lots of money in India from financing and also providing technological expertise in mega infrastructure projects to funding Tech startup ecosystem.

Another arena where our ties can scale new heights is space exploration. Was hoping we will hear something about Chandrayaan 3 which is joint ISRO-JAXA projectproject today

 

[Turingsage]

Why is India a so called "superpower" begging to the world for money?

When did investments turn into "begging for money". These are not loans , they are investments made to make money for Japanese investors.

 

[kankan326]

Plan is far away from reality. How is the Japan invested high speed railway going now?

 

[vi-va]

US threw Ukraine under the bus.
India is fixing relationship with Pakistan, Russia and China.

Japan has no political influence, except money. So Japan is using money to lure India staying in QUAD.

Last time, Japan promised high speed railway, nothing materialized.

In comparison. CPEC built dozens of power stantions and power grid, dam, freeway, etc.

 

[Beast]

Plan is far away from reality. How is the Japan invested high speed railway going now?

Not a single HSR train is operation. Japanese know Indian ill efficiency and those talk of investing billions in Japan are fantasy.

They can even brag a trillion USD investment and it will always remain a number....

 

[MH.Yang]

How many dollars did China start investing in Iran last year?

 

[SuvarnaTeja]

Plan is far away from reality. How is the Japan invested high speed railway going now?

US threw Ukraine under the bus.
India is fixing relationship with Pakistan, Russia and China.

Japan has no political influence, except money. So Japan is using money to lure India staying in QUAD.

Last time, Japan promised high speed railway, nothing materialized.

In comparison. CPEC built dozens of power stantions and power grid, dam, freeway, etc.

Not a single HSR train is operation. Japanese know Indian ill efficiency and those talk of investing billions in Japan are fantasy.

They can even brag a trillion USD investment and it will always remain a number....

The Indian HSR project failure is due to India's internal political fights and not the fault of Japan.

How many dollars did China start investing in Iran last year?

Indian does not have Oil and Gas resources like Iran to attract huge investments.

 

[Wood]

India's bullet train project is stuck at land acquisition in Maharashtra because the provincial government there is not aligned with the ruling party at the center

 

[Khanivore]

The only real investment will be likes of mega projects like CPEC. That's what I call real, visible and meaningful investment. What can Japan bring to the table for India apart from 'aims' and 'plans'?

 

[Leishangthem]

A 1.3b+ sized nation dependent on aid and backup from a 120 million sized island,just think about it though.The seer inherent incompetence of the self claimed superpower..

 

[beijingwalker]

Next 5 years? we'll see in 5 years wether Japan can have enough money to bail itself out. this country has been stuck in stagnation for over 30 years already.