PM Modi in Tokyo: Invites Japanese Investors to ‘Come, Make in India, Make for the World’

Prime Minister Narendra Modi, addressing top Japanese business leaders at the India-Japan Business Forum in Tokyo, said Japan has always been a vital partner in India’s growth journey, from metro projects to manufacturing, semiconductors to start-ups. He highlighted that Japanese companies have already invested over USD 40 billion in India, with USD 13 billion flowing in over the last two years.

Citing reports from JBIC and JETRO, PM Modi noted that India is seen as the most promising global investment destination, with 80% of Japanese companies planning expansion in India and 75% already running profitable operations. “In India, capital does not just grow, it multiplies,” he remarked.

The Prime Minister underlined India’s political stability, economic strength, transparency, and policy predictability, pointing to low inflation, robust banking, forex reserves of nearly USD 700 billion, and S&P Global’s recent upgrade of India’s credit rating after two decades. He credited this transformation to India’s approach of ‘Reform, Perform, and Transform’, including GST, a new simplified income tax code, single-window digital approvals, deregulation, and opening sensitive sectors such as defense, space, and nuclear energy to private investment.

PM Modi outlined five key areas for deeper India-Japan collaboration:

• Manufacturing: Beyond the auto sector, opportunities lie in batteries, robotics, semiconductors, shipbuilding, and nuclear energy.
• Technology & Innovation: Combining Japan’s “tech powerhouse” with India’s “talent powerhouse” in AI, biotech, quantum computing, and space.
• Green Energy: Joint efforts in solar, green hydrogen, and nuclear energy, with India targeting 500 GW renewables by 2030 and 100 GW nuclear by 2047.
• Infrastructure: Leveraging Japan’s excellence and India’s scale to expand ports, airports, metros, and high-speed rail.
• Skill Development: Preparing a “Japan-ready workforce” by training Indian youth in Japanese language and soft skills.

Calling India the springboard for Japanese businesses to the Global South, PM Modi urged companies to expand their presence, “Come, Make in India, Make for the World. The success stories of Suzuki and Daikin can become your success stories too.”

He concluded that the India-Japan partnership is both strategic and smart, capable of shaping the Asian Century with stability, growth, and shared prosperity.