India Opens the Door to Japan

Indian Prime Minister Narendra Modi’s current visit to Japan has proved to be very successful in many ways. While it has brought two Asian giants on fruitful cooperation in different sectors like infrastructure, manufacturing, transport, and clean energy, along with smart cities and bullet train technology, it has forcefully highlighted the importance of a resurgent Asia in global affairs. With the massive Japanese investment to the tune of 3.5 trillion yen ($33.5 billion) into India in the above-mentioned sectors in the next five years both India and Japan will benefit. India will provide a huge market for Japanese businesses looking to diversify. High-speed bullet trains and smart cities with ultra-modern facilities are ideal opportunities for Japanese investments and expanding cooperation. This is not the first time that both the Asian giants have cooperated to improve mutual trade and investment. An earlier unsuccessful effort occurred when India moved toward...(Read Full Post)