Piyush Goyal highlights India’s deep economic and cultural ties with Japan, emphasising trade, investment, and infrastructure collaboration.
India and Japan share a strategic partnership built on democracy, culture, and economic cooperation, said Commerce and Industry Minister Piyush Goyal at the India-Japan Economy and Investment Forum. He highlighted Japan’s crucial role in India’s growth, with FDI exceeding $43 billion since 2000, making it the fifth-largest investor.
Goyal noted that Japan’s presence in India includes over 1,400 companies and 11 industrial townships. Key projects such as the Mumbai-Ahmedabad High-Speed Rail and metro systems in major cities showcase Japan’s active participation. He emphasised strengthening trade under the 2011 CEPA agreement and India’s goal to raise manufacturing’s GDP share to 25%.
He stressed India’s business-friendly environment, infrastructure expansion, and skilled workforce, with 43% of STEM graduates being women. Calling Japan a benchmark in quality, he encouraged Indian industries to adopt high standards and urged investment in green energy, AI, and semiconductor manufacturing, reinforcing a future-driven partnership.
