Modi takes a swipe at China during his trip to Japan
On Day 3 of prime minister Narendra Modi's visit to Japan there was no breakthrough on the civil nuclear or defence deals, but India received promises of huge investments in other sectors.
Japanese PM Shinzo Abe promised 3.5 trillion yen of public and private investment over the next five years under the India-Japan Investment Promotion Partnership. This would mean that Japan would double its investment and number of companies in India during this period.
Abe also offered Japanese bullet train technology with financing and operational support, for which Modi thanked him. The feasibility study for the Mumbai-Ahmedabad route is still on.
Japan also promised to remove six of India’s space and defence-related entities from Japan's Foreign End User List.
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Japanese PM Shinzo Abe promised 3.5 trillion yen of public and private investment over the next five years under the India-Japan Investment Promotion Partnership. This would mean that Japan would double its investment and number of companies in India during this period.
Abe also offered Japanese bullet train technology with financing and operational support, for which Modi thanked him. The feasibility study for the Mumbai-Ahmedabad route is still on.
Japan also promised to remove six of India’s space and defence-related entities from Japan's Foreign End User List.
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