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India-Japan 14th Summit: PM Modi says Japan to invest ₹3.2 lakh cr in 5 yrs in India

By Priyanka Verma 
Updated Date

New Delhi: Prime Ministers Narendra Modi and his Japanese counterpart Fumio Kishida held productive talks in New Delhi today , March 19, during which both the leaders discussed ways to boost economic and cultural ties.

Also Read :- 14th India-Japan summit: Japanese PM Fumio Kishida to visit India from March 19-20

PM Modi said PM Kishida is an “old friend” of India. “I have had the opportunity to exchange views with him when he was the Foreign Minister of Japan,” he said. Japanese PM Kishida said the whole world has been shaken due to many disturbances, and it’s important for India and Japan to have a close partnership.

Speaking at the summit, PM Modi emphasised that “progress, prosperity and partnership” are the basis of India-Japan relations, and said Delhi is committed to providing all possible support to Japanese companies in India.

Here are the highlights:-

1) The whole world has been shaken today due to many disturbances, it’s very important for India and Japan to have a close partnership. We expressed our views, talked about the serious invasion of Russia into Ukraine. We need a peaceful solution on the basis of international law: Japan PM Kishida

2) India and Japan understand the importance of a secure, trusted, predictable and stable energy supply. This is essential to achieve sustainable economic growth and to deal with climate change: PM Narendra Modi

3) There is progress in the economic partnership between India-Japan economic partnership. Japan is one of the largest investors in India. India-Japan are working as ‘One team-One project’ on Mumbai-Ahmedabad high-speed rail corridor: PM Modi

4) Both our countries should increase efforts for an open and free Indo-Pacific. Japan, along with India, will keep trying to end the war & keep providing support to Ukraine & its neighbouring countries: Japanese PM Fumio Kishida, following the 14th India-Japan Annual Summit.

5) We’ll hold the next India-Japan talks as soon as possible. We also welcome the agreement of cooperation in cyber security. India’s a very important partner for Japan… I invite PM Narendra Modi for the Quad Summit Meeting in Tokyo: Japanese PM Fumio Kishida.

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