Japan to invest $68bn in India with eye on semiconductors and AI

Countries reach agreement on deepening security cooperation

20250829 Modi in Japan

Indian Prime Minister Narendra Modi was welcomed in Tokyo by Japanese Prime Minister Shigeru Ishiba on Aug. 29 for an annual bilateral meeting. (Photo by Ken Suzuki)

KIRAN SHARMA and SHOTARO TANI

TOKYO -- India and Japan agreed on Friday to boost economic ties and security cooperation, with Tokyo setting a target of 10 trillion yen ($68 billion) in investment in India over the next decade.

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