In a major boost to India-Japan ties, top CEOs from Japan met with Prime Minister Narendra Modi in Delhi today. The meeting, held at 7 Lok Kalyan Marg, marked a significant step toward deepening economic cooperation between the two nations.

The delegation was led by Takeshi Niinami, Chairperson of Keizai Doyukai (Japan Association of Corporate Executives), and included 20 other business leaders. They expressed optimism about India’s economic potential and highlighted key areas where Japanese industries could contribute to India’s growth.

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Japan Sees India as a Global Hub

Suntory Holdings Ltd CEO Niinami Takeshi emphasized the thriving India-Japan relationship and highlighted India’s potential as a hub for promoting Japanese-manufactured products globally. He remarked, “India and Japan’s relationship is thriving very much. There is a huge opportunity for Japan to invest in India and promote products produced here to other countries.”

PM Modi Praised for Stable Policies

Kawasaki Tatsuo, Chairman of Unison Capital, praised PM Modi for creating a stable policy framework that has strengthened ties between the two nations. He expressed confidence that Japan’s strong industrial base, combined with India’s skills and desire, could lead to successful collaborations. “The stability he (PM Modi) has brought in policy measures and creating a strong path between Japan and India has been extremely helpful,” Tatsuo added.

Focus on Economic Stability and Growth

NEC Corporation Vice President Tanaka Shigehiro highlighted discussions around the stability and future prospects of the Indian economy. He expressed optimism about India’s growth trajectory and PM Modi’s clear vision for Japanese industries to invest in India.

Boosting Air Transport and Tourism

Miyagawa Junichiro, CEO of All Nippon Airways Trading Ltd, appreciated PM Modi’s emphasis on the importance of air transportation. He expressed hope that India would strengthen its air connectivity with Japan to encourage more Japanese tourists to visit India. “We hope that more and more Japanese people visit India, enhancing cultural and economic ties,” he stated.

Exploring Key Investment Sectors

Maeda Tadashi, Chairman of JBIC (Japan Bank for International Cooperation), highlighted key sectors discussed during the meeting. These sectors included recycling, nuclear energy, hydrogen, ammonia, aerospace, and food processing. Tadashi noted that PM Modi had expressed a strong desire to welcome Japanese investment, underscoring India’s commitment to fostering a favorable business environment.

Strengthening Economic and Cultural Cooperation

The meeting concluded with a shared commitment to strengthen economic ties and explore new avenues for collaboration. PM Modi reiterated India’s readiness to provide a conducive environment for Japanese industries, paving the way for enhanced economic and cultural exchange between the two nations