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Japan willing to invest 2.1 lakh crore in India

Japan to invest 2.1 lakh crore in Indian projects , The decision came after Modi held summit-level talks with his Japanese counterpart in Tokyo.

Japan on September 1, 2014 pledged to invest Rs. 2.1 lakh crore ($35.5 billion) in a wide spectrum of projects in India over five years. These include infrastructure, clean energy and skill development.



Capping lengthy deliberations between visiting Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe, the two sides also decided to double the number of Japanese companies operating in India in five years.

Announcing the “Japan-India Investment Promotion Partnership,” both leaders were upbeat about their future relationship. Mr. Modi said Mr. Abe had taken an “oath” to further their relationship.

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