PM Modi is scheduled to meet top business leaders in Japan today. The focus will be on boosting investment and easing supply chain. The Indian ambassador to Japan, Sanjay Kumar Verma, giving a brief outlook on the Prime Minister’s engagements with Japanese business leaders, said that Tokyo is excited about opportunities in New Delhi and both PM Modi and his Japanese counterpart Fumio Kishida have the ambition of five trillion Japanese Yen investment in India through public, private and financing mode.
“Japan is very much excited about opportunities in India, especially PLI scheme schemes, so they need to understand us better, we need to understand them better. Now that the Prime Ministers of both countries met for the 14th time in New Delhi this year they had ambition and aspiration to see five trillion Japanese Yen being invested in India through public, private and financing mode,” Verma told. Quad leaders will also be taking and discussing initiatives for the diversification of reliable supply chains. “You see prosperity, peace and stability in the Indo-Pacific, supply chain will continue to be the main issue,” Ambassador of India to Japan said. India, Japan and Australia signed a trilateral agreement on a Supply Chain Resilience Initiative (SCRI).
