
'Come, make in India': PM Modi at India-Japan Summit
NEW DELHI [Maha Media]: Prime Minister Narendra Modi on Friday addressed the India-Japan Economic Forum in Tokyo, urging Japanese investors to expand their presence in India.
During his speech, PM Modi thanked Japanese Prime Minister Shigeru Ishiba and called Japan “an important partner in India’s development story".
“I arrived in Tokyo this morning, and I am happy that my visit begins with people from the business community. Many of you are those with whom I share a personal relationship, both from my time as Gujarat Chief Minister and now in Delhi," PM Modi said.
“I thank Prime Minister Shigeru Ishiba for his words. Japan is an important partner in India’s development story," PM Modi said.
“From metro to semiconductor, our partnership is a symbol of trust. Japanese companies have invested more than 40 billion dollars in India," the Prime Minister 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," PM Modi said.
“Japan’s technology and India’s talent can together lead the tech revolution of this century. India is rapidly moving towards clean energy, and by 2047, we have set a target of 100 GW of nuclear power."
“India and Japan have agreed on a joint credit mechanism, and by leveraging it, we can cooperate for a clean and green future," he said.
Speaking on India’s economic outlook, the Prime Minister remarked, “In India, capital doesn’t just grow, it multiplies. Today, India enjoys political and economic stability."
“There is transparency in our policies. India is currently the fastest-growing major economy in the world, and very soon, it is set to become the world’s third-largest economy," the Prime Minister added.
Speaking on the country’s development, PM Modi, at the India-Japan Summit, said, “A few weeks ago, our Parliament approved a new and simplified tax regime."