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All Topics Article
Modi Embraces Abe; Still Holds China Close
Keywords:
Tags: Current Focus, China, Japan, India,
Prime minister Modi of India's visit to Japan in September 2014 leads to a commitment of about $35 billion in Japanese investment over 5 years. Japanese companies such as Suzuki, Toyota and Toshiba already have large investments in India.
India and China's growing economic relationship as an anchor for peace in Asia, and a way to defuse Asian tensions
02/11/2010
Though the American and Indian media made much of the border dispute, Li Keqiang, the new Chinese prime minister has correctly grasped the importance of the Indian trade and economic relationship for China's companies and future growth. This has the added advantage of defusing tensions in Asia- tensions arising with Japan and S.E. Asian countries, with a U.S. wary of China's capabilities.
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Japanese companies are showing an increased interest in the Indian market.
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Prime minister Modi's priorities for India's economic development in the address to parliament on June 9, 2014
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Increasing private investment in the coal sector, attracting foreign investment, network of high-speed railways and road infrastructure, building 100 smart cities with modern telecomunications, are part of the economic priorities of the new government in India. The government will address the needs of the poor by connecting schools to the internet, providing electricity to all villages.
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Japan gears up to meet infrastructure needs in Asia
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A turning point for Japanese foreign investment in India occurs with PM Abe's visit in August 2007. Abe led a delegation that includes CEO's of some of Japan's biggest companies, such as Toyota, Hitachi and Canon. A focus on India's infrastructure needs.
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