TOKYO: Prime Minister Narendra Modi, speaking in the Japanese capital city of Tokyo on Friday, said that India is a “powerhouse of talent” and called on business leaders to “make in India and make for the world.”
Beginning his address to the India-Japan Economic Forum in Tokyo with “Namaskar, Konnichiwa”, the Prime Minister cited the rapid growth and transformation in India, its political and economic stability, farsightedness in policy and predictability to pitch for India as an investment hub.
“Today India is the world’s fastest growing economy and is on its way to become the world’s third largest economy,” PM Modi noted. He said that from metro to manufacturing, from semiconductors to startups, the partnership between the two countries in every sector has become a symbol of mutual trust.
Addressed a business event in Tokyo. The presence of Prime Minister Ishiba made this even more special, also indicating the priority we accord to bilateral economic linkages.
Spoke about India’s deep economic ties with Japan and also listed areas where cooperation can deepen in… pic.twitter.com/mfBpv1TCQf
— Narendra Modi (@narendramodi) August 29, 2025
The Prime Minister pitched for a partnership with Japan in the area of manufacturing, technology, innovation, green energy, and skill development. “In manufacturing and the auto sector, our collaboration has been highly successful as the Prime Minister (Shigeru Ishiba) has already elaborated. We can create the same magic together in batteries, robotics, semiconductor ship buildings and nuclear energy,” Prime Minister 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,” the Prime Minister said.
India and Japan can together contribute to the Global South, especially in the ‘vikas’ of Africa, he added. Hailing the India-Japan partnership, Prime Minister Narendra Modi said that Japanese companies have invested $13 billion in India in just the last two years.
He said that the report on the India-Japan business forum that has just been presented notes that “India is the most promising destination” and highlights the business deals between companies in detail. “…80 per cent of companies want to expand in India. 75 per cent of companies are making profits. In India, capital does not just grow, it multiplies.” PM Modi said.
🇮🇳-🇯🇵| Building further on the strong business ties.
PM @narendramodi & PM @shigeruishiba of Japan addressed the India-Japan Economic Forum. The event saw participation from CEOs and business leaders from various fields.
PM @narendramodi highlighted the significant potential… pic.twitter.com/03ZUtO6Hq5
— Randhir Jaiswal (@MEAIndia) August 29, 2025
He said that India’s skilled workforce will fulfil global requirements. “India’s skilled youth talent has the potential to meet global demand, and Japan can also benefit from this. You should train Indian talent in the Japanese language and other skilled areas to create a Japan-ready workforce together. This skilled workforce will fulfil global requirements”. “A shared workforce will lead to shared prosperity,” the Prime Minister added.
Prime Minister Modi further said that the two countries can collaborate for green energy transition to achieve the target of 500 GW of renewable energy by 2030. “India is rapidly moving toward achieving a target of 500 GW of renewable energy by 2030. We have also set a goal of 100 GW of nuclear power by 2047. Be it solar cells or green hydrogen, there are immense partnership opportunities between India and Japan. By leveraging the joint credit mechanism, we can collaborate in building a clean and green future,” PM Modi said.
Addressing the India-Japan Economic Forum in Tokyo. Strong business ties between our nations are a vital element of our friendship. https://t.co/OUSvy98eJo
— Narendra Modi (@narendramodi) August 29, 2025
Further, the Prime Minister said that over the last decade India has made unprecedented progress in next-gen mobility and logistics infrastructure. “Our port capacities have doubled… with Japan’s cooperation, work is underway on the Mumbai-Ahmedabad high-speed rail project. But our journey doesn’t stop here Japan’s excellence and India’s scale can create a perfect partnership…” PM Modi said.
In his concluding remarks PM Modi said that India and Japan will together shape Asian Century for stability, growth and prosperity. PM Modi and his Japanese counterpart also held summit talks with his Japanese counterpart Shigeru Ishiba. PM Modi’s previous visit to Japan for the Annual Summit was in 2018.
Prime Minister Modi also that strong business ties between India and Japan are a vital element in the friendship between the two countries. He took to his social media platform X to detail his address to the India-Japan Economic Forum in Tokyo, which he said was made special by the presence of his Japanese counterpart.
“Addressed a business event in Tokyo. The presence of Prime Minister Ishiba made this even more special, also indicating the priority we accord to bilateral economic linkages”, PM Modi said on X. He said that he spoke about India’s deep economic ties with Japan and also listed areas where cooperation can deepen in the years to come
“Like we did in automobiles, recreate the same magic in batteries, robotics, semiconductors, shipbuilding, nuclear energy.” Prime Minister’s X post read.
Tech-Talent synergy to power this century’s technology revolution. Green energy focus for a better future. Next-gen infrastructure, where Japan’s excellence and India’s scale can do wonders. Skill development and people-to-people ties”.
The Japanese Prime Minister also shared a post on X. “At the Japan-India Economic Forum, I gave a greeting and welcomed the Prime Minister of the Republic of India, Mr. Modi.”
The official spokesperson for the Ministry of External Affairs, Randhir Jaiswal said that both PM Modi and Shigeru Ishiba addressed the key business forum which also saw participation from CEOs and business leaders from various fields.
PM Modi highlighted the significant potential of India-Japan collaboration in cutting edge technologies, manufacturing and investments and human resource exchanges, Jaiswal said. He also highlighted that Japan’s excellence & India’s scale together can create a perfect partnership for Make in India & Viksit Bharat.
The MEA spokesperson also outlined the main points of the speech delivered by Prime Minister Modi at the forum.
“Japan’s excellence and India’s scale are a perfect combination for Make in India and Viksit Bharat,” PM Modi said.
In his address, PM Modi also listed areas where both the countries can deepen ties in the times to come. PM Modi pitched for a partnership in the areas of manufacturing, technology, innovation, green energy, and skill development. He also said that the world is not just watching India but also counting on it.
He echoed Japanese Prime Minister Shigeru Ishiba’s remarks at the forum and said, “Japan’s excellence and India’s scale can create a perfect partnership”. “Be it solar cells or green hydrogen, there are immense possibilities of partnership.An agreement has been signd between India and Japan on Joint Credit Mechanism. Taking advantage of this, cooperation can be done in building a clean and green future,” PM Modi said.
The Prime Minister further said that over the last decade, India has made unprecedented progress in next generation mobility and logistics infrastructure. Japan’s excellence and India’s scale can create a perfect partnership. Further, PM Modi stated that Japan is a tech powerhouse while India is a talent powerhouse. “Japan’s technology and India’s talent together can lead the tech revolution of this century,” the Prime Minister said.
PM Modi is visiting Japan from August 29-30 for the 15th India-Japan Annual Summit. (ANI)
