Japan will invest heavily in India, Kishidar promised in a meeting with Modi


 


Webmultichannel: Japan will invest heavily in India in the next 5 years. So far, three agreements and three MoUs have been signed between the two countries. Foreign Secretary Harshvardhan Sringla said in a statement on Saturday. The two prime ministers also discussed the Ukraine-Russia war and the Chinese aggression.


This is Fumia Kishidar's first visit to India since becoming the Prime Minister of Japan. The Prime Minister of Japan arrived in Delhi at 3.40 pm with a high level delegation. The Prime Ministers of the two countries had a long discussion at the Hyderabad House in the capital. They gave a joint statement at the end of the meeting. There, Prime Minister Narendra Modi said, "Japan aims to increase investment in India. They will invest 3 lakh 20 thousand crore rupees in the next 5 years. ” Investment in the bullet train sector was also discussed. According to Kishida, Japanese companies will manufacture electric cars in India. It may be recalled that Shinzo Abe, when he was the Prime Minister of Japan, announced an investment of Rs 350,000 crore in India in 2014.

In a statement issued here today, Foreign Secretary Harshvardhan Sringla said the two leaders had detailed discussions on cooperation in economic, political, cyber, infrastructure, development of North-East India and capacity building issues. On this day, three agreements were signed between the two countries. Three MoUs have also been signed.

In October 2021, Kishida became the Prime Minister of Japan. At that time Modi called him and greeted him. The two leaders expressed interest in holding talks tomorrow to further strengthen the economic and diplomatic ties between the two countries. Eventually they came face to face.

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