India and Japan Strengthen Strategic Ties at 16th Annual Summit in New Delhi

Key facts

• Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi to deepen the Special Strategic and Global Partnership.
• Both leaders established a target to attract ¥10 trillion in Japanese investment and double the number of Japanese companies operating in India over the next decade.
• India and Japan signed their first defence co-development agreement for the Naval Radio Antenna Unicorn to initiate a new chapter in defence technology partnership.
• The India-Japan Bio-gas Initiative was launched to establish 1,000 bio-gas and organic fertiliser plants across India to improve rural livelihoods and sustainability.
• The summit prioritised strategic cooperation in Artificial Intelligence (AI), semiconductors, critical minerals, pharmaceuticals, clean energy, and Information and Communication Technology (ICT).