Prime Minister Narendra Modi Friday invited Japanese business leaders to invest in India, highlighting the country’s favorable business environment and growth potential.
Addressing the India-Japan Economic Forum in Tokyo, PM Modi emphasized the strong business ties between the two nations.
“In India, capital does not just grow, it multiplies,” PM Modi said, underscoring the vast opportunities available in the country. “Today, India has political stability, economic stability, transparency in policy, and predictability. Today, India is the fastest-growing major economy in the world. And, very soon, it is going to become the third-largest economy in the world.”
PM Modi highlighted the government’s efforts to improve the ease of doing business in India. “We have emphasized ease of doing business. A single digital window approval system has been arranged for business,” he said.
The Prime Minister also mentioned the recent credit rating upgrade by S&P Global, which reflects India’s growing economic strength. “S&P Global ने, दो दशक बाद, भारत की Credit Rating Upgrade की है। The world is not just watching India, it is counting on India,” he said.
PM Modi emphasized the potential for collaboration between India and Japan in various sectors, including automotive, batteries, robotics, semiconductors, shipbuilding, and nuclear energy
“Our participation in the auto sector has been extremely successful…..Together, we can replicate the same magic in batteries…..Together, we can make a significant contribution to the development of robotics….
we can make a significant contribution to the development of semiconductors….., we can make a significant contribution to the development of shipbuilding….
.we can make a significant contribution to the development of nuclear energy,” PM Modi said.
The Prime Minister also highlighted India’s ambitious initiatives in emerging technologies like AI, semiconductor, quantum computing, biotech, and space. “India has taken bold and ambitious initiatives in AI, semiconductor, quantum computing, biotech, and space. The technology of Japan and the talent of India can together lead the tech revolution of this century,” he said.
Emphasizing the strategic and smart partnership between India and Japan, PM Modi said: “India and Japan’s partnership is strategic and smart. Powered by economic logic, we have turned shared interests into shared prosperity. India is the springboard for Japanese business to the Global South. Together, we will shape the Asian Century for stability, growth and prosperity.”
Inviting Japanese business leaders to “Come make in India, make for the world,” PM Modi emphasized that with its favorable business environment, growing economy, and ambitious initiatives, India offers vast opportunities for collaboration and growth.
The partnership between India and Japan is poised to take the bilateral relationship to new heights, driving stability, growth, and prosperity in the Asian century.
Recalling that “with Japan’s cooperation, work is ongoing on the Mumbai and Ahmedabad high-speed rail,” PM Modi said: “But our journey does not stop here. Japan’s excellence and India’s scale can create a perfect partnership.